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: June 23, 2017

Monroe Rates

The typical asking rate per listing is in the $20's per square foot per year. The Monroe submarket is going through a a boost in rates. In the last 3 months, the median rate rose $25 per sqft per year.

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 submarket.

Monroe Listing Supply

In the last 90 days, 14 listings have come on the market, which means spaces are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 221% of the available space 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 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 640 sqft. Most buildings in this region are close to 1 floors. Most buildings in this region 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