Madison Park Industrial

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Madison Park

Office Space Market Report

Number of Listings (last 90 days)
Median Rate ($/sqft/yr)
Median Size (sqft)
As of: October 22, 2016

Madison Park Rates

On average, listings lease in the $20's per square foot per year. The Madison Park submarket is experiencing a an increase in rates. In the last 3 months, the median rate went up $2 per sqft per year. That's a 12% increase in rent.

Compared to the rest of the Metrolina market, the Madison Park submarket has less expensive rates, so you should have no trouble finding a great deal in this undervalued region.

Madison Park Listing Supply

In the last 90 days, 5 listings have been listed, which means leases most likley are leasing quickly. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,350 sqft. Most properties in this market are close to 4 floors. Most buildings in this market were built in 1984 and are Class A.

Madison Park Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Waste services is the dominant industry in this area. Commute by car is the most popular way to get to work amongst Madison Park residents. Commuting under 5 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 Madison Park.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Madison Park.