Cherry Retail

Cherry

Office Space Market Report

Number of Listings (last 90 days)
3
Median Rate ($/sqft/yr)
$34
Median Size (sqft)
5,970
As of: December 10, 2016

Cherry Rates

Most listings are in the $30's per square foot per year. The Cherry region is seeing a a boost in rates. In the last 3 months, the median rate increased $34 per sqft per year.

Compared to the rest of the Metrolina market, the Cherry region has higher rates, and you'll have to negotiate above asking rent to be in this hot region.

Cherry Listing Supply

In the last 90 days, 3 listings have been listed, which means listings most likley are going fast. You'll want to be prepared to make an offer immediately. 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 5,970 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this region are around 3 stories. Most buildings in this area were built in 1987 and are Class B.

Cherry Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Waste services is the dominant industry in this area. Commute by car is the most popular way to get to work amongst Cherry folk. Commuting close to 15 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 Cherry.
Market Report

Market Data

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