2023 Office Space Rent & Sales
- $26.16 2023 Avg. Asking Rent
- 18.13% 2023 Office Vacancy Rate
Mooresville office price per square foot in 2023 was $26.16 on average. The local office market recorded an average vacancy rate of 18.13% across all asset classes combined.
See how this market compares to the national average: U.S. office space rent & sales.
Average Rent by Office Class
2023 Average Office Rent per Square Foot
- North Carolina Class A & A+ Office Space$32.22
- North Carolina Class B Office Space$25.82
- North Carolina Class C Office Space$29.73
Mooresville, NC Office Asking Rents by Class
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2023 Office Construction in Mooresville, NC
Office building | Address | SF | Completed |
---|---|---|---|
Lakefield Corporate Center - 307 & 319 Oates Road | 307 Oates Road, 28117 | 53,335 | 2008 |
Fairview Center - 136 Fairview Road | 136 Fairview Road, 28117 | 47,691 | 2007 |
Lake Norman Medical Plaza - 170 Medical Park Road | 170 Medical Park Road, 28117 | 101,686 | 2005 |
Fairview Center - 150 Fairview Road | 150 Fairview Road, 28117 | 47,266 | 2004 |
130 Plantation Ridge Drive | 130 Plantation Ridge Drive, 28117 | 28,020 | 2003 |
Lake Norman Medical Plaza - 146 Medical Park Road | 146 Medical Park Road, 28117 | 48,135 | 2002 |
630 williamson Road | 630 williamson Road, 28117 | 6,248 | 1994 |
735 S. Broad St. | 735 S. Broad St., 28115 | 10,400 | 1975 |
Worth noting among recent office completions on the Mooresville market is Lakefield Corporate Center - 307 & 319 Oates Road, which is currently the largest new office development in the city, at 53,335 square feet.
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This market stats report is based on analysis of city-level data that includes office properties equal to or larger than 25,000 square feet in size. Averages were calculated based on values dated January 1st 2023 through December 31st 2023. Construction pipeline data represented herein is valid as of April 2024. The information on this page was compiled using data provided by CommercialEdge, a market intelligence solution which offers comprehensive real market knowledge on all Mooresville commercial properties sized 25,000 square feet or larger.
While every effort was made to ensure the accuracy of the data presented in this report, the information is provided “as is” and neither CommercialCafe nor CommercialEdge can guarantee that the information provided is complete.