On average, listings lease in the $10's per square foot per year. The Ellerbe Woods region is seeing a an increase in rates. In the last 3 months, the median rate went up $20 per sqft per year.
In the last 90 days, 32 listings have been listed, which means leases might be going fast. You'll want to be prepared to make an offer immediately. 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 4,350 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this market are around 1 floors. Most buildings in this market were built in 1982 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Public administration is the dominant industry in this region. Commute by walking is the most popular way to get to work amongst Ellerbe Woods residents. Commuting close to an hour and a half 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 Ellerbe Woods.
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