Downtown Asheville Retail

Downtown Asheville

Office Space Market Report

Number of Listings (last 90 days)
7
Median Rate ($/sqft/yr)
$28
Median Size (sqft)
1,350
As of: June 22, 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 an increase in rates. In the last 3 months, the median rate increased $29 per sqft per year.

Downtown Asheville Listing Supply

In the last 90 days, 7 listings have come on the market, which means leases are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 271% of the office spaces 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 1,450 sqft. Most properties in this area are close to 2 floors. Most buildings in this area were built in 1957 and are Class A.

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 folk. 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