Ballantyne East Retail

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Ballantyne East

Office Space Market Report

Number of Listings (last 90 days)
3
Median Rate ($/sqft/yr)
$40
Median Size (sqft)
11,450
As of: August 17, 2017

Ballantyne East Rates

On average, listings lease in the $30's per square foot per year. The Ballantyne East region is experiencing a decrease in rates. In the last 3 months, the median rate decreased $3 per sqft per year. That's a 6% decrease in rent.

Compared to the rest of the Metrolina market, the Ballantyne East region has greater rates, and you'll need to make a great offer to be in this hot region.

Ballantyne East Listing Supply

In the last 90 days, 3 listings have been posted online, which means new availabilities might be leasing quickly. You'll want to be prepared to make an offer immediately. About 200% of the available leases in the Ballantyne East 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.

Even though the median size is 11,450 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this region are approximately 6 floors. Most buildings in this region were built in 2008 and are Class A.

Ballantyne East Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Construction is the dominant industry in this market. Commute by public transit is the most popular way to get to work amongst Ballantyne East folk. Commuting more than an hour and a half 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 Ballantyne East.
Market Report

Market Data

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