King Charles Retail

King Charles

Market Report

Number of Listings
Posted in the last 90 days
4
Median Rate ($/sqft/yr)
$18
Median Size (sqft)
410

King Charles Rates

On average, listings lease in the $10's per square foot per year. The King Charles submarket is going through a a rise in rates. In the last 3 months, the median rate went up $3 per sqft per year. That's a 17% increase in rent.

Compared to the rest of the The Triangle market, the King Charles submarket has smaller rates, so you should have no trouble finding a great deal in this depreciated region.

King Charles Listing Supply

In the last 90 days, 35 listings have been posted online, which means spaces are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 11% of the listings in the King Charles 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 posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 410 sqft.

King Charles Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Professional services is the dominant industry in this market. Commute by motorcycle is the most popular way to get to work amongst King Charles residents. Commuting around 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 King Charles.
Research