Umstead Industrial

Umstead

Office Space Market Report

Number of Listings (last 90 days)
14
Median Size (sqft)
4,330
As of: June 24, 2017

Umstead Rates

Umstead Listing Supply

In the last 90 days, 14 listings have been posted online, which means spaces most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About 36% of the available space in the Umstead are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 4,330 sqft, there are still 0 listings below 2,000 sqft. Most properties in this market are around 1 floors. Most buildings in this area were built in 2008 and are Class A.

Umstead Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Finance and insurance are the dominant industries in this area. Commute by public transit is the most popular way to get to work amongst Umstead occupants. Commuting under 5 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

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

Market Data

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