Cherry Office Space

Cherry

Office Space Market Report

Number of Listings (last 90 days)
3
Median Rate ($/sqft/yr)
$34
Median Size (sqft)
840
As of: June 25, 2017

Cherry Rates

On average, listings lease in the $30's per square foot per year. The Cherry region is seeing a a boost in rates. In the last 3 months, the median rate increased $34 per sqft per year.

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

Cherry Listing Supply

In the last 90 days, 3 listings have been posted online, which means spaces most likley are going fast. You'll want to be prepared to make an offer immediately. About 167% of the listings in the Cherry 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 840 sqft. Most buildings in this region are around 4 stories. Most buildings in this region were built in 1981 and are Class B.

Cherry Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Waste services is the dominant industry in this area. Commute by car is the most popular way to get to work amongst Cherry folk. Commuting approximately 15 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 Cherry.
Market Report

Market Data

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