Myers Park Sublease

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Myers Park

Office Space Market Report

Number of Listings (last 90 days)
1
Median Rate ($/sqft/yr)
$30
Median Size (sqft)
340
As of: August 20, 2017

Myers Park Rates

On average, listings lease in the $30's per square foot per year. The Myers Park submarket is seeing a a boost in rates. In the last 3 months, the median rate increased $8 per sqft per year. That's a 35% increase in rent.

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

Myers Park Listing Supply

In the last 90 days, 1 listings have been made available, which means listings most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. About 100% of the office spaces in the Myers Park 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 posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 340 sqft. Most properties in this region are approximately 2 floors. Most buildings in this region were built in 2005 and are Class A.

Myers Park Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Finance and insurance are the dominant industries in this area. Commute by taxi is the most popular way to get to work amongst Myers Park occupants. Commuting around 10 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 Myers Park.
Market Report

Market Data

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