The typical asking rate per listing is in the $30's per square foot per year. The Barclay Downs submarket is experiencing a a boost in rates. In the last 3 months, the median rate rose $1 per sqft per year. That's a 4% increase in rent.
Compared to the rest of the Metrolina market, the Barclay Downs 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, 14 listings have been listed, which means spaces might be leasing quickly. You'll want to be prepared to make an offer immediately. About 7% of the available leases in the Barclay Downs are subleases, so you will probably have to focus your search on direct office leases. 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 4,100 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this market are close to 5 stories. Most buildings in this area were built in 1991 and are Class A.
A large portion of this market is residential, but there's plenty of office_space. Construction is the dominant industry in this market. Most of the folk of Barclay Downs work from home. Commuting close to 20 minutes a day is the norm for those who opt to reside in this part of town.