Selma Office Space

Selma

Office Space Market Report

Number of Listings (last 90 days)
0
Median Rate ($/sqft/yr)
$58
Median Size (sqft)
1,330
As of: May 26, 2017

Selma Rates

Most listings are in the $50's per square foot per year. The Selma region is seeing a a boost in rates. In the last 3 months, the median rate rose $58 per sqft per year.

Compared to the rest of the The Triangle market, the Selma region has more expensive rates, and you'll have to negotiate above asking rent to be in this hot submarket.

Selma Listing Supply

In the last 90 days, 0 listings have been listed, which means listings might be going fast. You'll want to be prepared to make an offer immediately. About NaN% of the available space in the Selma are subleases, so you will probably need to consider the implications of signing a direct lease with the building. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,330 sqft. Most properties in this market are close to 2 floors. Most buildings in this market were built in 1930 and are Class C.

Selma Community

Market Report

Trends and status of the commercial real estate market in Selma.
Market Report

Market Data

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

Johnston County Submarkets