Colonial Townpark Retail

Colonial Townpark

Office Space Market Report

Number of Listings (last 90 days)
12
Median Rate ($/sqft/yr)
$35
Median Size (sqft)
20,600
As of: June 23, 2017

Colonial Townpark Rates

On average, listings lease in the $30's per square foot per year. The Colonial Townpark region is experiencing a a boost in rates. In the last 3 months, the median rate went up $35 per sqft per year.

Colonial Townpark Listing Supply

In the last 90 days, 12 listings have come on the market, which means new availabilities are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 42% of the office spaces in the Colonial Townpark are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

Even though the median size is 20,600 sqft, there are still 0 listings below 2,000 sqft. Most properties in this region are approximately 5 stories. Most buildings in this region were built in 2004 and are Class A.

Colonial Townpark Community

This area is fairly equally mixed residential and commercial. Construction is the dominant industry in this market. Commute by car is the most popular way to get to work amongst Colonial Townpark residents. Commuting close to 15 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in Colonial Townpark.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Colonial Townpark.
Research

Sanford Submarkets