King Charles Office Space

King Charles

Office Space Market Report

Number of Listings (last 90 days)
1
Median Rate ($/sqft/yr)
$16
Median Size (sqft)
4,480
As of: August 19, 2017

King Charles Rates

The typical asking rate per listing is in the $10's per square foot per year. The King Charles region is seeing a a boost in rates. In the last 3 months, the median rate went up $16 per sqft per year.

Compared to the rest of the The Triangle market, the King Charles submarket has smaller rates, so you should have no trouble finding a great deal in this discounted region.

King Charles Listing Supply

In the last 90 days, 1 listings have been posted online, which means office spaces most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About 100% of the listings in the King Charles are subleases, so you might be able to find a shorter term or below market rent. 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 4,480 sqft, there are still 0 new availabilities below 2,000 sqft.

King Charles 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. Commute by motorcycle is the most popular way to get to work amongst King Charles occupants. Commuting around an hour and a half 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 King Charles.
Market Report

Market Data

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