Downtown Southern Pines Sublease

Downtown Southern Pines

Office Space Market Report

Number of Listings (last 90 days)
0
Median Rate ($/sqft/yr)
$22
Median Size (sqft)
1,800
As of: June 23, 2017

Downtown Southern Pines Rates

The typical asking rate per listing is in the $20's per square foot per year. The Downtown Southern Pines submarket is seeing a a rise in rates. In the last 3 months, the median rate increased $22 per sqft per year.

Downtown Southern Pines Listing Supply

In the last 90 days, 0 listings have been listed, which means office spaces are probably going fast. You'll want to be prepared to make an offer immediately. About Inf% of the available space in the Downtown 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 posted, 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 2 stories. Most buildings in this region were built in 1975 and are Class A.

Downtown Southern Pines Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Health care is the dominant industry in this region. Commute by car is the most popular way to get to work amongst Downtown Southern Pines folk. Commuting around 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 Downtown Southern Pines.
Market Report

Market Data

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