The typical asking rate per listing is in the $40's per square foot per year. The Downtown Charleston submarket is going through a decrease in rates. In the last 3 months, the median rate fell $6 per sqft per year. That's a 12% decrease 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 11% of the available space in the Downtown Charleston are subleases, so you might be able to sign a shorter term by taking over a previous 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.
The standard measurement for office space in this area is around 2,370 sqft. Most properties in this region are approximately 2 floors. Most buildings in this region were built in 1940 and are Class A.
A large portion of this market is residential, but there's plenty of office_space. Professional services is the dominant industry in this market. Commute by car is the most popular way to get to work amongst Downtown Charleston folk. 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.
Get email notifications when new listings are posted that match your requirements.