On average, listings lease in the $10's per square foot per year. The East Town region is seeing a a boost in rates. In the last 3 months, the median rate increased $15 per sqft per year.
Compared to the rest of the Metrolina market, the East Town region has less expensive rates, so you should have no trouble finding a great deal in this discounted region.
In the last 90 days, 19 listings have been posted online, which means leases might be going fast. You'll want to be prepared to make an offer immediately. 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 2,500 sqft. Most properties in this market are close to 1 floors. Most buildings in this area were built in 1960 and are Class C.
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 region. Commute by walking is the most popular way to get to work amongst East Town residents. Commuting around 30 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 East Town.
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