Ballantyne West Industrial

Ballantyne West

Office Space Market Report

Number of Listings (last 90 days)
6
Median Rate ($/sqft/yr)
$34
Median Size (sqft)
4,520
As of: May 18, 2017

Ballantyne West Rates

Most listings are in the $30's per square foot per year. The Ballantyne West region is seeing a decline in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 2% decrease in rent.

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 made available, which means new listings are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 17% of the available space in the Ballantyne West are subleases, so you might be able to find a shorter term or below market rent. 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 4,520 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this region are close to 3 stories. Most buildings in this area 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