Wedgewood Commercial Real Estate

Wedgewood

Market Report

Number of Listings
Posted in the last 90 days
3
Median Rate ($/sqft/yr)
$30
Median Size (sqft)
4,490

Wedgewood Rates

On average, listings lease in the $30's per square foot per year. The Wedgewood submarket is experiencing a a rise in rates. In the last 3 months, the median rate rose $30 per sqft per year.

Compared to the rest of the Metrolina market, the Wedgewood region has higher rates, and you'll need to pay a premium to be in this hot region.

Wedgewood Listing Supply

In the last 90 days, 94 listings have been posted online, so you'll want to check back regularly for new listings. About 1% of the available leases in the Wedgewood 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 posted, so finding a space for a small business might be tough.

Even though the median size is 4,490 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this region are close to 4 stories. Most buildings in this market were built in 2006 and are Class A.

Wedgewood Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Real estate is the dominant industry in this area. Commute by walking is the most popular way to get to work amongst Wedgewood folk. Commuting between 20 and 25 minutes 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 Wedgewood.
Research