On average, listings lease in the $30's per square foot per year. The Colonial Townpark submarket is going through a an increase in rates. In the last 3 months, the median rate rose $32 per sqft per year.
In the last 90 days, 6 listings have been made available, which means spaces most likley are going fast. You'll want to be prepared to make an offer immediately. 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 3,600 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this area are approximately 5 floors. Most buildings in this region were built in 2004 and are Class A.
This area is fairly equally mixed residential and commercial. Construction is the dominant industry in this area. Commute by car is the most popular way to get to work amongst Colonial Townpark occupants. Commuting around 15 minutes a day is the norm for those who opt to reside in this part of town.