The typical asking rate per listing is in the $20's per square foot per year. The Belmont submarket is seeing a a rise in rates. In the last 3 months, the median rate went up $29 per sqft per year.
Compared to the rest of the Metrolina market, the Belmont submarket has more expensive rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 3 listings have been posted online, which means new listings might be going fast. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
Even though the median size is 100,000 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this region are close to 1 floors. Most buildings in this area were built in 1973 and are Class A.