Uptown Sublease

Uptown

Office Space Market Report

Number of Listings (last 90 days)
73
Median Rate ($/sqft/yr)
$36
Median Size (sqft)
4,790
As of: May 19, 2017

Uptown Rates

Most listings are in the $30's per square foot per year. The Uptown submarket is going through a decline in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 4% decrease in rent.

Compared to the rest of the Metrolina market, the Uptown submarket has greater rates, and you'll need to make a great offer to be in this hot submarket.

Uptown Listing Supply

In the last 90 days, 73 listings have come on the market, so you'll want to check back regularly for new listings. About 27% of the available space in the Uptown 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 posted, so finding a space for a small business might be tough.

Even though the median size is 4,790 sqft, there are still 0 leases below 2,000 sqft. Most properties in this market are approximately 5 stories. Most buildings in this area were built in 1977 and are Class A.

Uptown Community

This area is fairly equally mixed residential and commercial. Agriculture is the dominant industry in this area. Most of the occupants of Uptown work from home. Commuting approximately 20 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 Uptown.
Market Report

Market Data

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