Montclaire South Sublease

Montclaire South

Office Space Market Report

Number of Listings (last 90 days)
Median Rate ($/sqft/yr)
Median Size (sqft)
As of: October 24, 2016

Montclaire South Rates

Most listings are in the $10's per square foot per year. The Montclaire South region is going through a decrease in rates. In the last 3 months, the median rate fell $7 per sqft per year. That's a 29% decrease in rent.

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

Montclaire South Listing Supply

In the last 90 days, 2 listings have been posted online, which means new availabilities most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 50% of the listings in the Montclaire South 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.

The standard measurement for office space in this area is around 1,960 sqft. Most buildings in this market are around 1 stories. Most buildings in this area were built in 1980 and are Class B.

Montclaire South Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Arts, entertainment, and restaurants are the dominant industries in this market. Commute by bike is the most popular way to get to work amongst Montclaire South folk. Commuting between 20 and 25 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 Montclaire South.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Montclaire South.