On average, listings lease in the $20's per square foot per year. The Prosperity Church Road region is going through a an increase in rates. In the last 3 months, the median rate went up $4 per sqft per year. That's a 16% increase in rent.
Compared to the rest of the Metrolina market, the Prosperity Church Road region has higher rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 65 listings have been posted online, so you'll want to check back regularly for new listings. About 2% of the listings in the Prosperity Church Road are subleases, so you will probably need to sign a longer term lease with the landlord directly. 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 2,800 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this region are close to 1 stories. Most buildings in this market were built in 1993 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Education is the dominant industry in this area. Commute by car is the most popular way to get to work amongst Prosperity Church Road folk. Commuting close to 30 minutes a day is the norm for those who opt to reside in this part of town.
Real time and historical data on commercial real estate listings in Prosperity Church Road.
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