On average, listings lease in the $30's per square foot per year. The Ballantyne East submarket is going through a decrease in rates. In the last 3 months, the median rate decreased $3 per sqft per year. That's a 6% decrease in rent.
Compared to the rest of the Metrolina market, the Ballantyne East submarket has more expensive rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 95 listings have been made available, so you'll want to check back regularly for new listings. About 2% of the office spaces in the Ballantyne East are subleases, so you will probably need to sign a longer term lease with the landlord directly. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
Even though the median size is 11,790 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this market are around 6 floors. Most buildings in this market were built in 2008 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Construction is the dominant industry in this region. Commute by public transit is the most popular way to get to work amongst Ballantyne East folk. Commuting more than 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 Ballantyne East.
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