On average, listings lease in the $30's per square foot per year. The Provincetowne region is going through a a boost in rates. In the last 3 months, the median rate increased $32 per sqft per year.
Compared to the rest of the Metrolina market, the Provincetowne submarket has higher rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 1 listings have been listed, which means spaces most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About 100% of the office spaces in the Provincetowne are subleases, so you might be able to find a shorter term or below market rent. 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 2,660 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this area are close to 1 stories. Most buildings in this market were built in 2007 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Professional services is the dominant industry in this market. Commute by walking is the most popular way to get to work amongst Provincetowne residents. Commuting close to an hour a day is the norm for those who opt to reside in this part of town.