On average, listings lease in the $30's per square foot per year. The Piper Glen Estates submarket is experiencing a a boost in rates. In the last 3 months, the median rate went up $1 per sqft per year. That's a 2% increase in rent.
Compared to the rest of the Metrolina market, the Piper Glen Estates submarket has higher rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 1 listings have come on the market, which means leases 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 available, so finding a space for a small business might be tough.
Even though the median size is 2,600 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this region are around 3 stories. Most buildings in this area were built in 2005 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Wholesale trade is the dominant industry in this market. Most of the occupants of Piper Glen Estates work from home. Commuting under 5 minutes a day is the norm for those who opt to reside in this part of town.