Most listings are in the $30's per square foot per year. The Ballantyne West submarket is experiencing a an increase in rates. In the last 3 months, the median rate increased $30 per sqft per year.
Compared to the rest of the Metrolina market, the Ballantyne West region has more expensive rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 10 listings have come on the market, which means office spaces are probably leasing quickly. You'll want to be prepared to make an offer immediately. 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 2,630 sqft, there are still 0 leases below 2,000 sqft. Most properties in this market are approximately 5 floors. Most buildings in this area were built in 2004 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Professional services is the dominant industry in this area. Commute by public transit is the most popular way to get to work amongst Ballantyne West occupants. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.