Most listings are in the $30's per square foot per year. The Third Ward submarket is seeing a an increase in rates. In the last 3 months, the median rate increased $7 per sqft per year. That's a 24% increase in rent.
Compared to the rest of the Metrolina market, the Third Ward region has more expensive rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 421 listings have been listed, so you'll want to check back regularly for new listings. About 1% of the office spaces in the Third Ward are subleases, so you will probably have to consider a longer term lease. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
Even though the median size is 7,260 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this market are around 5 stories. Most buildings in this region were built in 1957 and are Class A.
This region is fairly equally mixed residential and commercial. Real estate is the dominant industry in this area. Commute by car is the most popular way to get to work amongst Third Ward occupants. Commuting more than 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 Third Ward.
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