Ballantyne West Industrial

Ballantyne West

Office Space Market Report

Number of Listings (last 90 days)
6
Median Rate ($/sqft/yr)
$34
Median Size (sqft)
5,760
As of: March 12, 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 experiencing a an increase in rates. In the last 3 months, the median rate went up $4 per sqft per year. That's a 13% increase in rent.

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

Ballantyne West Listing Supply

In the last 90 days, 6 listings have come on the market, which means new listings most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

Even though the median size is 5,760 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this region are around 5 floors. Most buildings in this region were built in 2003 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 region. Commute by public transit is the most popular way to get to work amongst Ballantyne West residents. 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