Find Southern Village 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 Southern Village commercial real estate trends in 42Floors Research. Learn tips, tricks, and jargon about leasing or buying commercial real estate in 42Floors EDU.
On average, commerial real estate listings lease in the $30's per square foot per year. The Southern Village submarket is seeing a an increase in rates. In the last 3 months, the median rate for lease rose $36 per sqft per year.
Compared to the rest of the The Triangle commercial real estate market, the Southern Village region has higher rates for rent, and you may need to make a great offer to be in this hot region.
In the last 90 days, 3 commercial real estate listings have come on the market, which means spaces 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.
The standard size for office space in this area is around 1,450 sqft. Most buildings in this area were built around 2001 and are Class B.
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 walking is the most popular way to get to work amongst Southern Village folk. Commuting under 5 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 Southern Village.
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