The typical asking rate per listing is in the $30's per square foot per year. The The South End submarket is experiencing a a boost in rates. In the last 3 months, the median rate rose $1 per sqft per year. That's a 2% increase in rent.
Compared to the rest of the Metrolina market, the The South End region has higher rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 120 listings have been made available, so you'll want to check back regularly for new listings. About 5% of the office spaces in the The South End are subleases, so you will probably have to focus your search on direct office leases. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
Even though the median size is 2,910 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this region are around 2 floors. Most buildings in this market were built in 1962 and are Class A.
A large portion of this region is residential, but there's plenty of office_space. Construction is the dominant industry in this area. Commute by bike is the most popular way to get to work amongst The South End occupants. Commuting under 5 minutes 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 The South End.
Get email notifications when new listings are posted that match your requirements.