Wessex Square Office Space

Wessex Square

Office Space Market Report

Number of Listings (last 90 days)
0
Median Rate ($/sqft/yr)
$30
Median Size (sqft)
1,300
As of: June 26, 2017

Wessex Square Rates

The typical asking rate per listing is in the $30's per square foot per year. The Wessex Square region is going through a a rise in rates. In the last 3 months, the median rate increased $30 per sqft per year.

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

Wessex Square Listing Supply

In the last 90 days, 0 listings have been listed, which means office spaces most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About Inf% of the available leases in the Wessex Square 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 available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,300 sqft. Most properties in this market are around 2 stories. Most buildings in this market were built in 2000 and are Class A.

Wessex Square Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Utilities is the dominant industry in this area. Commute by walking is the most popular way to get to work amongst Wessex Square occupants. Commuting approximately 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 Wessex Square.
Market Report

Market Data

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