Downtown Concord Office Space

Downtown Concord

Office Space Market Report

Number of Listings (last 90 days)
0
As of: December 2, 2016

Downtown Concord Rates

The typical asking rate per listing is in the $10's per square foot per year. The Downtown Concord region is seeing a decline in rates. In the last 3 months, the median rate decreased $5 per sqft per year. That's a 27% decline in rent.

Compared to the rest of the Metrolina market, the Downtown Concord region has lower rates, so you should have no trouble finding a great deal in this undervalued submarket.

Downtown Concord Listing Supply

In the last 90 days, 2 listings have been posted online, which means listings might be going fast. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

Even though the median size is 5,950 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this market are close to 2 floors. Most buildings in this area were built in 1910 and are Class A.

Downtown Concord Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Finance and insurance are the dominant industries in this region. Commute by car is the most popular way to get to work amongst Downtown Concord folk. Commuting between 30 and 45 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 Downtown Concord.
Market Report

Market Data

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

Concord Submarkets