2021 Office Space Rent & Sales
- $22.63 2021 Avg. Asking Rent
- 8.10% 2021 Office Vacancy Rate
Asheville office price per square foot in 2021 was $22.63 on average. The local office market recorded an average vacancy rate of 8.10% across all asset classes combined.
Average Rent by Office Class
2021 Average Office Rent per Square Foot
- Asheville Class A & A+ Office Space$23.70
- Asheville Class B Office Space$21.16
- North Carolina Class A & A+ Office Space$30.03
- North Carolina Class B Office Space$23.99
- North Carolina Class C Office Space$18.96
Asheville, NC Office Asking Rents by Class
Coworking Spaces in North Carolina
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2021 Office Construction in Asheville, NC
- Asheville, NC Total SF under construction in 2022 26,000
Office building | Address | SF | Completed |
---|---|---|---|
76 Glendale Avenue | 76 Glendale Avenue, Suites 1-16, 28803 | 12,930 | 2022 |
Biltmore Park Town Square - 30 Town Square Blvd | 30 Town Square Blvd, 28803 | 67,959 | 2008 |
1100 Ridgefield Boulevard, Suite 100 | 1100 Ridgefield Boulevard, Suite 100, 28806 | 6,252 | 2006 |
Biltmore Park Town Square - 2 Town Square Blvd | 2 Town Square Blvd, 28803 | 58,819 | 2004 |
Biltmore Park Town Square - 1 Town Square Blvd | 1 Town Square Blvd, 28803 | 63,033 | 2000 |
8 Town Square Blvd | 8 Town Square Blvd, 28803 | 20,000 | 2000 |
10-C Yorkshire Street | 10 Yorkshire Street, Unit C Lower Level, 28803 | 11,200 | 2000 |
Forest Center North | 900 Hendersonville Road, 28803 | 43,900 | 1999 |
300 Ridgefield Court, Asheville, NC | 300 Ridgefield Court, 28806 | 63,500 | 1989 |
1 N Pack Square | 1 N Pack Square, 28801 | 140,598 | 1982 |
Worth noting among recent office completions on the Asheville market is 76 Glendale Avenue, which is currently the largest new office development in the city, at 12,930 square feet.
See reports for other markets
- Charlotte Office Rent Price
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- Durham Office Rent Price
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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 2021 through December 31st 2021. Construction pipeline data represented herein is valid as of April 2022. The information on this page was compiled using data provided by CommercialEdge, a market intelligence solution which offers comprehensive real market knowledge on all Asheville 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.