On average, listings lease in the $30's per square foot per year. The Beverly Woods region is going through a decrease in rates. In the last 3 months, the median rate fell $7 per sqft per year. That's a 16% decline in rent.
Compared to the rest of the Metrolina market, the Beverly Woods region has higher rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 29 listings have been made available, which means new listings are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 14% of the listings in the Beverly Woods 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 posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,710 sqft. Most buildings in this market are approximately 7 floors. Most buildings in this region were built in 1984 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Construction is the dominant industry in this market. Commute by walking is the most popular way to get to work amongst Beverly Woods folk. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.