On average, listings lease in the $10's per square foot per year. The Tech Park region is experiencing a a boost in rates. In the last 3 months, the median rate increased $18 per sqft per year.
Compared to the rest of the Metrolina market, the Tech Park submarket has less expensive rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 22 listings have been listed, which means new listings most likley are leasing quickly. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
Even though the median size is 2,900 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this region are around 2 stories. Most buildings in this market were built in 1990 and are Class A.
A large portion of this region is residential, but there's plenty of office_space. Manufacturing is the dominant industry in this region. Commute by car is the most popular way to get to work amongst Tech Park occupants. Commuting around 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 Tech Park.
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