On average, listings lease in the $30's per square foot per year. The Providence Plantation region is going through a a rise in rates. In the last 3 months, the median rate increased $7 per sqft per year. That's a 27% rise in rent.
Compared to the rest of the Metrolina market, the Providence Plantation region has more expensive rates, and you'll need to pay a premium to be in this hot region.
In the last 90 days, 10 listings have come on the market, which means listings most likley are going fast. You'll want to be prepared to make an offer immediately. About 40% of the available leases in the Providence Plantation are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,700 sqft. Most properties in this area are approximately 1 stories. Most buildings in this market were built in 1999 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Real estate is the dominant industry in this area. Most of the folk of Providence Plantation work from home. Commuting around an hour and a half a day is the norm for those who opt to reside in this part of town.
Real time and historical data on commercial real estate listings in Providence Plantation.
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