On average, listings lease in the $10's per square foot per year. The East Forest submarket is experiencing a decline in rates. In the last 3 months, the median rate fell $14 per sqft per year. That's a 43% decrease in rent.
Compared to the rest of the Metrolina market, the East Forest submarket has lower rates, so you should have no trouble finding a great deal in this undervalued submarket.
In the last 90 days, 5 listings have been listed, which means new availabilities are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. 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 2,980 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this region are close to 1 floors. Most buildings in this area were built in 1986 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Health care is the dominant industry in this market. Commute by public transit is the most popular way to get to work amongst East Forest occupants. Commuting approximately 15 minutes a day is the norm for those who opt to reside in this part of town.