Madison Park Retail

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Madison Park

Office Space Market Report

Number of Listings (last 90 days)
3
Median Rate ($/sqft/yr)
$26
Median Size (sqft)
1,620
As of: December 10, 2016

Madison Park Rates

Most listings are in the $20's per square foot per year. The Madison Park region is going through a an increase in rates. In the last 3 months, the median rate went up $3 per sqft per year. That's a 12% increase in rent.

Compared to the rest of the Metrolina market, the Madison Park region has less expensive rates, so you should have no trouble finding a great deal in this depreciated region.

Madison Park Listing Supply

In the last 90 days, 3 listings have been posted online, which means office spaces are probably going fast. 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.

The standard measurement for office space in this area is around 1,620 sqft. Most buildings in this region are approximately 4 stories. Most buildings in this market were built in 1984 and are Class A.

Madison Park 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 Madison Park occupants. Commuting under 5 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 Madison Park.
Market Report

Market Data

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