The typical asking rate per listing is in the $40's per square foot per year. The First Ward region is going through a an increase in rates. In the last 3 months, the median rate rose $46 per sqft per year.
Compared to the rest of the Metrolina market, the First Ward region has higher rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 0 listings have been listed, which means listings might be leasing quickly. You'll want to be prepared to make an offer immediately. About Inf% of the available leases in the First Ward 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 available, so finding a space for a small business might be tough.
Even though the median size is 2,740 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this market are close to 2 stories. Most buildings in this market were built in 1982 and are Class A.
A large portion of this area is residential, but there's plenty of office_space. Agriculture is the dominant industry in this market. Commute by car is the most popular way to get to work amongst First Ward occupants. Commuting approximately 30 minutes a day is the norm for those who opt to reside in this part of town.