On average, listings lease in the $20's per square foot per year. The Transit Village submarket is seeing a a rise in rates. In the last 3 months, the median rate went up $22 per sqft per year.
In the last 90 days, 18 listings have been listed, which means leases most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About 44% of the available space in the Transit Village are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
Even though the median size is 3,050 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this area are around 2 stories. Most buildings in this area were built in 1977 and are Class A.
This market is fairly equally mixed residential and commercial. Information is the dominant industry in this market. Most of the folk of Transit Village work from home. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.