Ballantyne East Office Space

Ballantyne East

Office Space Market Report

Number of Listings (last 90 days)
3
Median Rate ($/sqft/yr)
$42
Median Size (sqft)
15,730
As of: June 22, 2017

Ballantyne East Rates

Most listings are in the $40's per square foot per year. The Ballantyne East region is going through a a boost in rates. In the last 3 months, the median rate rose $42 per sqft per year.

Compared to the rest of the Metrolina market, the Ballantyne East submarket has higher rates, and you'll need to pay a premium to be in this hot submarket.

Ballantyne East Listing Supply

In the last 90 days, 3 listings have been made available, which means leases are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 533% of the available leases in the Ballantyne East 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 on the market, so finding a space for a small business might be tough.

Even though the median size is 15,730 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this region are close to 6 stories. Most buildings in this region were built in 2008 and are Class A.

Ballantyne East Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Construction is the dominant industry in this region. Commute by public transit is the most popular way to get to work amongst Ballantyne East residents. Commuting more than an hour and a half 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 Ballantyne East.
Market Report

Market Data

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