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Umstead Commercial Real Estate For Sale

Umstead

Market Report

Number of Listings For Sale
Posted in the last 90 days
1
Median Size (sqft)
830

Umstead Commercial Real Estate

Find Umstead 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 Umstead commercial real estate trends in 42Floors Research. Learn tips, tricks, and jargon about leasing or buying commercial real estate in 42Floors EDU.

Compared to the rest of the The Triangle commercial real estate market, the Umstead submarket has less expensive rates, so you should have no trouble finding a great deal in this undervalued submarket.

Umstead Listing Supply

In the last 90 days, 61 commercial real estate listings have come on the market, so you'll want to check back regularly for new listings. About 2% of the available commercial real estate leases in the Umstead 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.

The standard size for office space in this area is around 830 sqft. Most buildings in this market are close to 1 stories. Most buildings in this market were built approximately 2003 and are Class A.

Umstead Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Finance and insurance are the dominant industries in this market. Commute by public transit is the most popular way to get to work amongst Umstead occupants. Commuting under 5 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 Umstead.
Research