Foxcroft Sublease

Foxcroft

Office Space Market Report

Number of Listings (last 90 days)
4
Median Rate ($/sqft/yr)
$33
Median Size (sqft)
3,420
As of: May 19, 2017

Foxcroft Rates

Most listings are in the $30's per square foot per year. The Foxcroft submarket is experiencing a decline in rates. In the last 3 months, the median rate fell $5 per sqft per year. That's a 12% decline in rent.

Compared to the rest of the Metrolina market, the Foxcroft region has more expensive rates, and you'll need to pay a premium to be in this hot region.

Foxcroft Listing Supply

In the last 90 days, 4 listings have been posted online, which means listings might be leasing quickly. You'll want to be prepared to make an offer immediately. About 50% of the available space in the Foxcroft 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 3,420 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this area are close to 4 floors. Most buildings in this area were built in 1993 and are Class A.

Foxcroft Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Waste services is the dominant industry in this market. Commute by public transit is the most popular way to get to work amongst Foxcroft occupants. 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 Foxcroft.
Market Report

Market Data

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