2024 Office Space Rent & Sales
- $27.43 2024 Avg. Asking Rent
- 3.12% Y-o-Y Avg. Asking Rent Change
- 20.88% 2024 Office Vacancy Rate
Mooresville office price per square foot in 2024 was $27.43 on average. This marked a +3.12% change in office space price per square foot compared to the previous year. The local office market recorded an average vacancy rate of 20.88% 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
2024 Average Office Rent per Square Foot
- North Carolina Class A & A+ Office Space$34.49
- North Carolina Class B Office Space$26.63
- North Carolina Class C Office Space$19.48
Mooresville, NC Office Asking Rents by Class
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2024 Office Construction in Mooresville, NC
| Office building | Address | SF | Completed |
|---|---|---|---|
| 201 North Church Street | 201 North Church Street, 28115 | 36,376 | 2021 |
| 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 |
| 149 Plantation Ridge Dr | 149 Plantation Ridge Dr, 28117 | 18,200 | 2003 |
| Lake Norman Medical Plaza - 146 Medical Park Road | 146 Medical Park Road, 28117 | 48,135 | 2002 |
| Mooresville Consumer Square | 168 Norman Station Blvd, 28117 | 272,860 | 1999 |
| 1113-1121 N Main St | 1113-1121 N Main St, 28115 | 13,424 | 1949 |
| 178 N Main St | 178 N Main St, 28115 | 3,414 | 1910 |
Worth noting among recent office completions on the Mooresville market is 201 North Church Street, which is currently the largest new office development in the city, at 36,376 square feet.
See reports for other markets
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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 2024 through December 31st 2024. Construction pipeline data represented herein is valid as of February 2025. The information on this page was compiled using data provided by Yardi Research Data, 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 Yardi Research Data can guarantee that the information provided is complete.