Cornelius Commercial Real Estate

10620 Bailey Rd - Unit K/L Cornelius, NC  
Sep 19
4,000
sqft
Industrial Office

Cornelius

Market Report

Number of Listings
Posted in the last 90 days
6
Median Rate ($/sqft/yr)
$25
Median Size (sqft)
1,220

Cornelius Rates

Most listings are in the $20's per square foot per year. The Cornelius region is going through a decrease in rates. In the last 3 months, the median rate decreased $3 per sqft per year. That's a 10% decline in rent.

Compared to the rest of the Metrolina market, the Cornelius region has smaller rates, so you should have no trouble finding a great deal in this depreciated region.

Cornelius Listing Supply

In the last 90 days, 98 listings have been posted online, so you'll want to check back regularly for new listings. About 6% of the available space in the Cornelius are subleases, so you will probably need to consider the implications of signing a direct lease with the building. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,220 sqft. Most buildings in this area are approximately 2 stories. Most buildings in this area were built in 1999 and are Class A.

Cornelius Community

Market Data

Real time and historical data on commercial real estate listings in Cornelius.
Research