On average, listings lease in the $20's per square foot per year. The Thanksgiving Point Business Park region is experiencing a decline in rates. In the last 3 months, the median rate decreased $10 per sqft per year. That's a 31% decline in rent.
In the last 90 days, 10 listings have been made available, which means listings most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. About 10% of the available space in the Thanksgiving Point Business Park are subleases, so you will probably have to focus your search on direct office leases. 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 4,120 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this market are approximately 4 floors. Most buildings in this region were built in 2008 and are Class A.
Wholesale trade is the dominant industry in this region. Commute by car is the most popular way to get to work amongst Thanksgiving Point Business Park residents. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.