Ballantyne West Industrial

Ballantyne West

Office Space Market Report

Number of Listings (last 90 days)
6
Median Rate ($/sqft/yr)
$34
Median Size (sqft)
2,190
As of: June 23, 2017

Ballantyne West Rates

The typical asking rate per listing is in the $30's per square foot per year. The Ballantyne West submarket is going through a an increase in rates. In the last 3 months, the median rate rose $34 per sqft per year.

Compared to the rest of the Metrolina market, the Ballantyne West submarket has more expensive rates, and you'll have to negotiate above asking rent to be in this hot region.

Ballantyne West Listing Supply

In the last 90 days, 6 listings have been listed, which means listings might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 183% of the listings in the Ballantyne West are subleases, so you might be able to snag a great spot on a short term. 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 2,190 sqft. Most buildings in this area are close to 3 stories. Most buildings in this region were built in 2004 and are Class A.

Ballantyne West Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Professional services is the dominant industry in this market. Commute by public transit is the most popular way to get to work amongst Ballantyne West folk. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in Ballantyne West.
Market Report

Market Data

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