Southern Pines Sublease

Southern Pines

Office Space Market Report

Number of Listings (last 90 days)
4
Median Rate ($/sqft/yr)
$22
Median Size (sqft)
1,800
As of: July 23, 2017

Southern Pines Rates

Most listings are in the $20's per square foot per year. The Southern Pines region is going through a decline in rates. In the last 3 months, the median rate fell $2 per sqft per year. That's a 7% decline in rent.

Southern Pines Listing Supply

In the last 90 days, 4 listings have been made available, which means spaces most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 175% of the office spaces in the Southern Pines 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.

The standard measurement for office space in this area is around 1,800 sqft. Most properties in this market are around 1 stories. Most buildings in this market were built in 1987 and are Class B.

Southern Pines Community

Market Report

Trends and status of the commercial real estate market in Southern Pines.
Market Report

Market Data

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

Moore County Submarkets