Madison Park Sublease

Madison Park

Office Space Market Report

Number of Listings (last 90 days)
3
Median Rate ($/sqft/yr)
$33
Median Size (sqft)
12,610
As of: June 27, 2017

Madison Park Rates

The typical asking rate per listing is in the $30's per square foot per year. The Madison Park submarket is going through a a boost in rates. In the last 3 months, the median rate increased $33 per sqft per year.

Compared to the rest of the Metrolina market, the Madison Park region has more expensive rates, and you'll have to negotiate above asking rent to be in this hot region.

Madison Park Listing Supply

In the last 90 days, 3 listings have been made available, which means office spaces might be leasing quickly. You'll want to be prepared to make an offer immediately. About 267% of the available leases in the Madison Park are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 12,610 sqft, there are still 0 leases below 2,000 sqft. Most properties in this area are around 1 floors. Most buildings in this region were built in 1981 and are Class A.

Madison Park 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 region. Commute by car is the most popular way to get to work amongst Madison Park folk. Commuting under 5 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 Madison Park.
Market Report

Market Data

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