University City North Office Space

University City North

Office Space Market Report

Number of Listings (last 90 days)
5
Median Rate ($/sqft/yr)
$26
Median Size (sqft)
1,940
As of: June 23, 2017

University City North Rates

The typical asking rate per listing is in the $20's per square foot per year. The University City North submarket is seeing a a boost in rates. In the last 3 months, the median rate increased $26 per sqft per year.

Compared to the rest of the Metrolina market, the University City North region has less expensive rates, so you should have no trouble finding a great deal in this undervalued region.

University City North Listing Supply

In the last 90 days, 5 listings have come on the market, which means listings most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About 100% of the office spaces in the University City North 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 on the market, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,940 sqft. Most buildings in this area are close to 1 stories. Most buildings in this market were built in 1995 and are Class A.

University City North Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Public administration is the dominant industry in this region. Commute by public transit is the most popular way to get to work amongst University City North occupants. Commuting between 20 and 25 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 University City North.
Market Report

Market Data

Real time and historical data on commercial real estate listings in University City North.
Research