Most listings are in the $10's per square foot per year. The Downtown Winston-Salem submarket is going through a decline in rates. In the last 3 months, the median rate decreased $12 per sqft per year. That's a 42% decrease in rent.
In the last 90 days, 305 listings have been posted online, so you'll want to check back regularly for new listings. About 12% of the listings in the Downtown Winston-Salem are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
Even though the median size is 18,920 sqft, there are still 0 leases below 2,000 sqft. Most properties in this market are approximately 3 floors. Most buildings in this area were built in 1941 and are Class A.
This region is fairly equally mixed residential and commercial. Manufacturing is the dominant industry in this market. Commute by public transit is the most popular way to get to work amongst Downtown Winston-Salem residents. 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 Downtown Winston-Salem.
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