The typical asking rate per listing is in the $30's per square foot per year. The Ballantyne West submarket is seeing a a rise in rates. In the last 3 months, the median rate rose $34 per sqft per year.
Compared to the rest of the Metrolina market, the Ballantyne West region has higher rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 6 listings have been made available, which means leases might be going fast. You'll want to be prepared to make an offer immediately. About 183% of the available leases in the Ballantyne West 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 on the market, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 2,190 sqft. Most buildings in this region are approximately 3 floors. Most buildings in this market 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 region. Commute by public transit is the most popular way to get to work amongst Ballantyne West folk. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.