Selma Commercial Real Estate

Selma

Market Report

Number of Listings
Posted in the last 90 days
0
Median Rate ($/sqft/yr)
$58
Median Size (sqft)
1,330

Selma Rates

On average, listings lease in the $50's per square foot per year. The Selma submarket is seeing a a boost in rates. In the last 3 months, the median rate increased $58 per sqft per year.

Compared to the rest of the The Triangle market, the Selma submarket has more expensive rates, and you'll need to pay a premium to be in this hot region.

Selma Listing Supply

In the last 90 days, 6 listings have been listed, which means office spaces are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 17% of the available leases in the Selma are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,330 sqft. Most buildings in this market are approximately 2 stories. Most buildings in this region were built in 1930 and are Class C.

Selma Community

Market Data

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