Spartanburg Sublease

Spartanburg

Office Space Market Report

Number of Listings (last 90 days)
440
Median Rate ($/sqft/yr)
$17
Median Size (sqft)
1,200
As of: August 17, 2017

Spartanburg Rates

The typical asking rate per listing is in the $10's per square foot per year. The Spartanburg submarket is going through a decrease in rates. In the last 3 months, the median rate fell $6 per sqft per year. That's a 28% decline in rent.

Spartanburg Listing Supply

In the last 90 days, 33 listings have been made available, which means leases most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 82% of the office spaces in the Spartanburg 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 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 1,200 sqft. Most buildings in this region are around 2 floors. Most buildings in this market were built in 1972 and are Class A.

Spartanburg Community

Market Report

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

Market Data

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