Downtown Winston-Salem Commercial Real Estate

Downtown Winston-Salem

Market Report

Number of Listings
Posted in the last 90 days
33
Median Rate ($/sqft/yr)
$17
Median Size (sqft)
18,920

Downtown Winston-Salem Rates

The typical asking rate per listing is in the $10's per square foot per year. The Downtown Winston-Salem submarket is going through a an increase in rates. In the last 3 months, the median rate increased $1 per sqft per year. That's a 4% increase in rent.

Downtown Winston-Salem Listing Supply

In the last 90 days, 305 listings have come on the market, so you'll want to check back regularly for new listings. About 11% of the office spaces in the Downtown Winston-Salem are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet posted, 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 buildings in this market are approximately 3 floors. Most buildings in this region were built in 1941 and are Class A.

Downtown Winston-Salem Community

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 folk. Commuting under 5 minutes a day is the norm for those who opt to reside in this part of town.

Market Data

Real time and historical data on commercial real estate listings in Downtown Winston-Salem.
Research