Most listings are in the $20's per square foot per year. The Colonial Park region is experiencing a a rise in rates. In the last 3 months, the median rate went up $1 per sqft per year. That's a 5% increase in rent.
In the last 90 days, 12 listings have been posted online, 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.
The standard measurement for office space in this area is around 1,960 sqft. Most buildings in this market are approximately 2 stories. Most buildings in this region were built in 2000 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Arts, entertainment, and restaurants are the dominant industries in this market. Commute by walking is the most popular way to get to work amongst Colonial Park residents. Commuting approximately 10 minutes a day is the norm for those who opt to reside in this part of town.