On average, listings lease in the $20's per square foot per year. The Downtown Greenville submarket is going through a decrease in rates. In the last 3 months, the median rate decreased $6 per sqft per year. That's a 18% decline in rent.
In the last 90 days, 150 listings have come on the market, so you'll want to check back regularly for new listings. About 5% of the office spaces in the Downtown Greenville are subleases, so you will probably need to sign a longer term lease with the landlord directly. 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 3,500 sqft, there are still 0 leases below 2,000 sqft. Most properties in this region are around 5 stories. Most buildings in this area were built in 1975 and are Class A.
This area is fairly equally mixed residential and commercial. Wholesale trade is the dominant industry in this market. Commute by car is the most popular way to get to work amongst Downtown Greenville occupants. Commuting around 10 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 Greenville.
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