Northclift Office Space For Lease

Northclift

Market Report

Number of Listings For Lease
Posted in the last 90 days
2
Median Rate ($/sqft/yr)
$18
Median Size (sqft)
560

Northclift Commercial Real Estate

Find Northclift commercial real estate for sale and for lease on 42Floors, the commercial real estate search engine. Listings cover all types of properties including Retail, Office Space, Industrial, Medical and much more. Learn about Northclift commercial real estate trends in 42Floors Research. Learn tips, tricks, and jargon about leasing or buying commercial real estate in 42Floors EDU.

Northclift Rates

On average, commerial real estate listings lease in the $20's per square foot per year. The Northclift submarket is seeing a an increase in rates. In the last 3 months, the median rate for lease rose $4 per sqft per year. That's a 22% rise in rent.

Compared to the rest of the The Triangle commercial real estate market, the Northclift submarket has lower rates, so you should have no trouble finding a great deal in this undervalued region.

Northclift Listing Supply

In the last 90 days, 23 commercial real estate listings have been posted online, which means new listings are probably 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 available, so finding a space for a small business might be tough.

The standard size for office space in this area is around 900 sqft. Most properties in this area are approximately 2 floors. Most buildings in this region were built around 1981 and are Class B.

Northclift Community

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 region. Commute by car is the most popular way to get to work amongst Northclift folk. Commuting more than an hour and a half 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 Northclift.
Research