Most listings are in the $10's per square foot per year. The Downtown Matthews submarket is experiencing a decline in rates. In the last 3 months, the median rate fell $3 per sqft per year. That's a 13% decline in rent.
Compared to the rest of the Metrolina market, the Downtown Matthews submarket has smaller rates, so you should have no trouble finding a great deal in this depreciated region.
In the last 90 days, 1 listings have been posted online, which means listings are probably 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 3,590 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this market are close to 1 stories. Most buildings in this region were built in 2004 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Construction is the dominant industry in this area. Most of the occupants of Downtown Matthews work from home. Commuting around 30 minutes a day is the norm for those who opt to reside in this part of town.