Monroe Industrial

Monroe

Office Space Market Report

Number of Listings (last 90 days)
14
Median Rate ($/sqft/yr)
$25
Median Size (sqft)
640
As of: July 27, 2017

Monroe Rates

On average, listings lease in the $20's per square foot per year. The Monroe region is seeing a decrease in rates. In the last 3 months, the median rate decreased $0 per sqft per year. That's a 1% decline in rent.

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

Monroe Listing Supply

In the last 90 days, 14 listings have been posted online, which means leases most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About 229% of the office spaces in the Monroe 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 available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 640 sqft. Most properties in this market are close to 1 floors. Most buildings in this area were built in 1988 and are Class B.

Monroe Community

Market Report

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

Market Data

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