Montclaire South Retail

Montclaire South

Office Space Market Report

Number of Listings (last 90 days)
10
Median Rate ($/sqft/yr)
$24
Median Size (sqft)
3,810
As of: July 25, 2017

Montclaire South Rates

Most listings are in the $20's per square foot per year. The Montclaire South region is going through a an increase in rates. In the last 3 months, the median rate increased $5 per sqft per year. That's a 29% increase in rent.

Compared to the rest of the Metrolina market, the Montclaire South submarket has smaller rates, so you should have no trouble finding a great deal in this discounted submarket.

Montclaire South Listing Supply

In the last 90 days, 10 listings have been listed, which means leases are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 500% of the available space in the Montclaire South are subleases, so you might be able to find a shorter term or below market rent. 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 3,810 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this region are close to 1 stories. Most buildings in this area were built in 1983 and are Class B.

Montclaire South Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Arts, entertainment, and restaurants are the dominant industries in this region. Commute by bike is the most popular way to get to work amongst Montclaire South folk. Commuting between 20 and 25 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 Montclaire South.
Market Report

Market Data

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