On average, listings lease in the $60's per square foot per year. The Davidson submarket is going through a an increase in rates. In the last 3 months, the median rate increased $17 per sqft per year. That's a 33% increase in rent.
Compared to the rest of the Metrolina market, the Davidson submarket has greater rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 28 listings have been made available, which means new listings are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 21% of the available space in the Davidson are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 120 sqft. Most properties in this region are approximately 3 floors. Most buildings in this region were built in 2006 and are Class A.
Real time and historical data on commercial real estate listings in Davidson.
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