Concord Office Space

Concord

Office Space Market Report

Number of Listings (last 90 days)
39
Median Rate ($/sqft/yr)
$31
Median Size (sqft)
360
As of: June 27, 2017

Concord Rates

On average, listings lease in the $30's per square foot per year. The Concord region is seeing a an increase in rates. In the last 3 months, the median rate went up $31 per sqft per year.

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

Concord Listing Supply

In the last 90 days, 39 listings have been posted online, which means new availabilities are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 72% of the available leases in the Concord 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 400 sqft. Most buildings in this area are close to 1 stories. Most buildings in this market were built in 1996 and are Class A.

Concord Community

Market Report

Trends and status of the commercial real estate market in Concord.
Market Report

Market Data

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