Downtown Asheville Sublease

Downtown Asheville

Office Space Market Report

Number of Listings (last 90 days)
7
Median Rate ($/sqft/yr)
$28
Median Size (sqft)
1,490
As of: May 22, 2017

Downtown Asheville Rates

On average, listings lease in the $20's per square foot per year. The Downtown Asheville submarket is experiencing a a boost in rates. In the last 3 months, the median rate rose $1 per sqft per year. That's a 5% increase in rent.

Downtown Asheville Listing Supply

In the last 90 days, 7 listings have been posted online, which means office spaces might be leasing quickly. You'll want to be prepared to make an offer immediately. About 14% of the available space in the Downtown Asheville 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 available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,490 sqft. Most buildings in this area are approximately 2 stories. Most buildings in this market were built in 1957 and are Class A.

Downtown Asheville Community

A large portion of this market is residential, but there's plenty of office_space. Finance and insurance are the dominant industries in this region. Commute by bike is the most popular way to get to work amongst Downtown Asheville folk. Commuting approximately an hour 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 Asheville.
Market Report

Market Data

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