Central Park Industrial

Central Park

Market Report

Number of Listings
Posted in the last 90 days
0
Median Rate ($/sqft/yr)
$38
Median Size (sqft)
2,600

Compared to the rest of the The Triangle market, the Central Park region has more expensive rates, and you'll need to pay a premium to be in this hot submarket.

Central Park Listing Supply

In the last 90 days, 15 listings have come on the market, which means new listings are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 7% of the available leases in the Central 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 available, so finding a space for a small business might be tough.

Even though the median size is 2,600 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this market are close to 15 floors. Most buildings in this market were built in 1987 and are Class A.

Central Park Community

Construction is the dominant industry in this area. Commute by car is the most popular way to get to work amongst Central Park folk. Commuting close to 15 minutes a day is the norm for those who opt to reside in this part of town.

Market Data

Real time and historical data on commercial real estate listings in Central Park.
Research