Statesville Industrial

Statesville

Office Space Market Report

Number of Listings (last 90 days)
2
Median Rate ($/sqft/yr)
$14
Median Size (sqft)
1,700
As of: July 25, 2017

Statesville Rates

On average, listings lease in the $10's per square foot per year. The Statesville region is experiencing a decline in rates. In the last 3 months, the median rate fell $5 per sqft per year. That's a 25% decline in rent.

Compared to the rest of the Metrolina market, the Statesville submarket has smaller rates, so you should have no trouble finding a great deal in this discounted submarket.

Statesville Listing Supply

In the last 90 days, 2 listings have been made available, which means office spaces most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 450% of the available leases in the Statesville are subleases, so you might be able to find a shorter term or below market rent. 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 1,700 sqft. Most buildings in this market are around 1 stories. Most buildings in this region were built in 1985 and are Class B.

Statesville Community

Market Report

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

Market Data

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

Iredell County Submarkets