On average, listings lease in the $20's per square foot per year. The Eagle Lake region is going through a decrease in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 5% decline in rent.
Compared to the rest of the Metrolina market, the Eagle Lake region has less expensive rates, so you should have no trouble finding a great deal in this depreciated submarket.
In the last 90 days, 83 listings have been made available, so you'll want to check back regularly for new listings. About 1% of the available leases in the Eagle Lake are subleases, so you will probably need to consider the implications of signing a direct lease with the building. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
Even though the median size is 4,730 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this area are around 4 stories. Most buildings in this area were built in 1995 and are Class A.
This market is fairly equally mixed residential and commercial. Construction is the dominant industry in this market. Commute by bike is the most popular way to get to work amongst Eagle Lake folk. Commuting around an hour a day is the norm for those who opt to reside in this part of town.