On average, listings lease in the $20's per square foot per year. The Prosperity Church Road submarket is seeing a an increase in rates. In the last 3 months, the median rate increased $7 per sqft per year. That's a 33% increase in rent.
Compared to the rest of the Metrolina market, the Prosperity Church Road submarket has greater rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 4 listings have come on the market, which means office spaces might be going fast. You'll want to be prepared to tour spaces as quick as possible. 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 1,820 sqft. Most buildings in this market are around 1 stories. Most buildings in this market were built in 1996 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Education is the dominant industry in this market. Commute by car is the most popular way to get to work amongst Prosperity Church Road folk. Commuting approximately 30 minutes a day is the norm for those who opt to reside in this part of town.