Mineral Springs Office Space

Mineral Springs

Office Space Market Report

Number of Listings (last 90 days)
31
Median Rate ($/sqft/yr)
$28
Median Size (sqft)
3,190
As of: July 26, 2017

Mineral Springs Rates

Most listings are in the $20's per square foot per year. The Mineral Springs region is experiencing a a boost in rates. In the last 3 months, the median rate increased $2 per sqft per year. That's a 8% rise in rent.

Compared to the rest of the Metrolina market, the Mineral Springs submarket has greater rates, and you'll need to make a great offer to be in this hot submarket.

Mineral Springs Listing Supply

In the last 90 days, 31 listings have been listed, which means new availabilities might be leasing quickly. You'll want to be prepared to make an offer immediately. About 19% of the listings in the Mineral Springs 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 posted, so finding a space for a small business might be tough.

Even though the median size is 3,190 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this market are approximately 1 stories. Most buildings in this region were built in 1985 and are Class B.

Mineral Springs Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Real estate is the dominant industry in this market. Commute by walking is the most popular way to get to work amongst Mineral Springs folk. 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 Mineral Springs.
Market Report

Market Data

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