On average, listings lease in the $30's per square foot per year. The Downtown Charleston submarket is going through a decline in rates. In the last 3 months, the median rate decreased $8 per sqft per year. That's a 17% decline in rent.
In the last 90 days, 158 listings have come on the market, so you'll want to check back regularly for new listings. About 8% of the available leases in the Downtown Charleston are subleases, so you will probably have to consider a longer term lease. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 2,370 sqft. Most properties in this market are around 2 stories. Most buildings in this market were built in 1935 and are Class A.
A large portion of this area is residential, but there's plenty of office_space. Professional services is the dominant industry in this region. Commute by car is the most popular way to get to work amongst Downtown Charleston residents. Commuting between 30 and 45 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 Downtown Charleston.
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