On average, listings lease in the $20's per square foot per year. The Downtown Matthews submarket is seeing a decrease in rates. In the last 3 months, the median rate decreased $2 per sqft per year. That's a 7% decrease in rent.
Compared to the rest of the Metrolina market, the Downtown Matthews submarket has smaller rates, so you should have no trouble finding a great deal in this undervalued submarket.
In the last 90 days, 9 listings have been posted online, which means office spaces most likley are 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 available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,540 sqft. Most buildings in this market are around 1 floors. Most buildings in this market were built in 2006 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Construction is the dominant industry in this area. Most of the residents of Downtown Matthews work from home. Commuting close to 30 minutes a day is the norm for those who opt to reside in this part of town.