Downtown High Point Office Space

Downtown High Point

Office Space Market Report

Number of Listings (last 90 days)
13
Median Rate ($/sqft/yr)
$17
Median Size (sqft)
1,200
As of: August 20, 2017

Downtown High Point Rates

The typical asking rate per listing is in the $10's per square foot per year. The Downtown High Point region is experiencing a a boost in rates. In the last 3 months, the median rate increased $1 per sqft per year. That's a 9% rise in rent.

Downtown High Point Listing Supply

In the last 90 days, 13 listings have been made available, which means new availabilities are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 46% of the available space in the Downtown High Point 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.

The standard measurement for office space in this area is around 1,200 sqft. Most buildings in this area are around 1 floors. Most buildings in this market were built in 1961 and are Class B.

Downtown High Point Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Professional services is the dominant industry in this market. Most of the residents of Downtown High Point work from home. 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 Downtown High Point.
Market Report

Market Data

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

High Point Submarkets