Monroe Retail

Monroe

Office Space Market Report

Number of Listings (last 90 days)
14
Median Rate ($/sqft/yr)
$20
Median Size (sqft)
5,100
As of: August 18, 2017

Monroe Rates

On average, listings lease in the $10's per square foot per year. The Monroe region is going through a decline in rates. In the last 3 months, the median rate fell $5 per sqft per year. That's a 21% decrease in rent.

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

Monroe Listing Supply

In the last 90 days, 14 listings have been listed, which means office spaces might be leasing quickly. You'll want to be prepared to make an offer immediately. About 29% of the available space in the Monroe 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 on the market, so finding a space for a small business might be tough.

Even though the median size is 5,100 sqft, there are still 0 leases below 2,000 sqft. Most properties in this market are around 1 floors. Most buildings in this market were built in 1988 and are Class B.

Monroe Community

Market Report

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

Market Data

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