Madison Park Industrial

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Madison Park

Office Space Market Report

Number of Listings (last 90 days)
3
Median Rate ($/sqft/yr)
$26
Median Size (sqft)
1,620
As of: December 4, 2016

Madison Park Rates

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

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

Madison Park Listing Supply

In the last 90 days, 3 listings have come on the market, which means new availabilities might be leasing quickly. You'll want to be prepared to make an offer immediately. 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 1,620 sqft. Most buildings in this market are approximately 4 floors. Most buildings in this area 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 region. Commute by car is the most popular way to get to work amongst Madison Park occupants. 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.
Research