Meadowmont Retail

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Meadowmont

Office Space Market Report

Number of Listings (last 90 days)
1
Median Rate ($/sqft/yr)
$42
Median Size (sqft)
12,050
As of: June 22, 2017

Meadowmont Rates

The typical asking rate per listing is in the $40's per square foot per year. The Meadowmont region is experiencing a a rise in rates. In the last 3 months, the median rate increased $42 per sqft per year.

Compared to the rest of the The Triangle market, the Meadowmont region has greater rates, and you'll need to pay a premium to be in this hot region.

Meadowmont Listing Supply

In the last 90 days, 1 listings have been listed, which means new listings most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About 600% of the available leases in the Meadowmont 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 12,050 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this region are around 3 stories. Most buildings in this region were built in 2001 and are Class A.

Meadowmont Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Wholesale trade is the dominant industry in this area. Most of the folk of Meadowmont work from home. Commuting between 20 and 25 minutes 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 Meadowmont.
Market Report

Market Data

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