Downtown Asheville Retail

Downtown Asheville

Office Space Market Report

Number of Listings (last 90 days)
7
Median Rate ($/sqft/yr)
$28
Median Size (sqft)
1,200
As of: August 18, 2017

Downtown Asheville Rates

The typical asking rate per listing is in the $20's per square foot per year. The Downtown Asheville region is going through a a boost in rates. In the last 3 months, the median rate rose $1 per sqft per year. That's a 5% increase in rent.

Downtown Asheville Listing Supply

In the last 90 days, 7 listings have been made available, which means new availabilities might be going fast. You'll want to be prepared to make an offer immediately. About 100% of the listings in the Downtown Asheville 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 available, 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 approximately 2 floors. Most buildings in this market were built in 1960 and are Class B.

Downtown Asheville Community

A large portion of this market is residential, but there's plenty of office_space. Finance and insurance are the dominant industries in this area. Commute by bike is the most popular way to get to work amongst Downtown Asheville residents. Commuting close to an hour 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 Asheville.
Market Report

Market Data

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