Downtown High Point Office Space

Downtown High Point

Office Space Market Report

Number of Listings (last 90 days)
6
Median Rate ($/sqft/yr)
$15
Median Size (sqft)
3,850
As of: December 6, 2016

Downtown High Point Rates

On average, listings lease in the $10's per square foot per year. The Downtown High Point submarket is experiencing a decline in rates. In the last 3 months, the median rate decreased $4 per sqft per year. That's a 22% decrease in rent.

Downtown High Point Listing Supply

In the last 90 days, 6 listings have come on the market, which means new listings are probably leasing quickly. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

Even though the median size is 3,850 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this region are approximately 1 floors. Most buildings in this region were built in 1966 and are Class A.

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 occupants 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