On average, listings lease in the $30's per square foot per year. The University Park submarket is experiencing a a rise in rates. In the last 3 months, the median rate increased $30 per sqft per year. That's a Inf% increase in rent.
In the last 90 days, 1 listings have been listed, which means new listings might be going fast. You'll want to be prepared to tour spaces as quick as possible. 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 2,690 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this area are approximately 1 stories. Most buildings in this region were built in 1994 and are Class B.
This region is fairly equally mixed residential and commercial. Health care is the dominant industry in this area. Commute by car is the most popular way to get to work amongst University Park folk. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.