Concord Industrial

Concord

Office Space Market Report

Number of Listings (last 90 days)
39
Median Rate ($/sqft/yr)
$31
Median Size (sqft)
360
As of: July 26, 2017

Concord Rates

The typical asking rate per listing is in the $30's per square foot per year. The Concord region is experiencing a an increase in rates. In the last 3 months, the median rate increased $5 per sqft per year. That's a 21% rise in rent.

Compared to the rest of the Metrolina market, the Concord region has higher rates, and you'll have to negotiate above asking rent to be in this hot submarket.

Concord Listing Supply

In the last 90 days, 39 listings have been listed, which means leases are probably going fast. You'll want to be prepared to make an offer immediately. About 72% of the available leases in the Concord are subleases, so you might be able to snag a great spot on a short term. 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 360 sqft. Most buildings in this area are around 1 floors. Most buildings in this area were built in 1996 and are Class A.

Concord Community

Market Report

Trends and status of the commercial real estate market in Concord.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Concord.
Research