On average, listings lease in the $30's per square foot per year. The York Road region is seeing a an increase in rates. In the last 3 months, the median rate increased $38 per sqft per year.
Compared to the rest of the Metrolina market, the York Road submarket has greater rates, and you'll have to negotiate above asking rent to be in this hot region.
In the last 90 days, 0 listings have been posted online, which means new availabilities might be going fast. You'll want to be prepared to tour spaces as quick as possible. About Inf% of the available leases in the York Road 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 450,000 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this region are around 1 stories. Most buildings in this market were built in 1971 and are Class B.
This area is fairly equally mixed residential and commercial. Finance and insurance are the dominant industries in this area. Commute by car is the most popular way to get to work amongst York Road occupants. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.