Q:

What is the average price per square foot for office or warehouse space in Charlotte?

A:

Quick Answer

According to LoopNet, the average asking price for the purchase of office space in Charlotte, NC was $142.09 per square foot as of May 2014. Industrial spaces, like warehouses, have an asking price of only $59.90 per square foot.

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Full Answer

The median prices paid for property are generally lower than the asking price, according to LoopNet. For office space, the median sales price was $113.17 per square foot throughout the metro Charlotte area. The industrial median sales price for the same period was only $42.28 per square foot. Office space prices tended to drop outside the metro area, whereas industrial prices rose slightly statewide.

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