Downtown Matthews Retail

Downtown Matthews

Office Space Market Report

Number of Listings (last 90 days)
1
Median Rate ($/sqft/yr)
$31
Median Size (sqft)
710
As of: June 28, 2017

Downtown Matthews Rates

On average, listings lease in the $30's per square foot per year. The Downtown Matthews region is going through a a rise in rates. In the last 3 months, the median rate went up $31 per sqft per year.

Compared to the rest of the Metrolina market, the Downtown Matthews region has greater rates, and you'll need to make a great offer to be in this hot region.

Downtown Matthews Listing Supply

In the last 90 days, 1 listings have come on the market, which means new listings most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. About 400% of the office spaces in the Downtown Matthews are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 710 sqft. Most properties in this area are approximately 1 stories. Most buildings in this region were built in 2003 and are Class A.

Downtown Matthews Community

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 residents 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.

Market Report

Trends and status of the commercial real estate market in Downtown Matthews.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Downtown Matthews.
Research

Matthews Submarkets