North Carolina Industrial

North Carolina

Office Space Market Report

Number of Listings (last 90 days)
Median Rate ($/sqft/yr)
Median Size (sqft)
As of: October 20, 2016

North Carolina Rates

Most listings are in the $20's per square foot per year. The North Carolina submarket is going through a decrease in rates. In the last 3 months, the median rate decreased $2 per sqft per year. That's a 8% decrease in rent.

North Carolina Listing Supply

In the last 90 days, 1560 listings have been listed, so you'll want to check back regularly for new listings. About 2% of the available leases in the North Carolina are subleases, so you will probably have to focus your search on direct office leases. 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 2,370 sqft. Most properties in this market are around 2 stories. Most buildings in this market were built in 1989 and are Class A.

North Carolina Community