On average, listings lease in the $40's per square foot per year. The Provincetowne region is seeing a an increase in rates. In the last 3 months, the median rate went up $41 per sqft per year.
Compared to the rest of the Metrolina market, the Provincetowne region has greater rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 1 listings have been posted online, which means listings might be leasing quickly. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,970 sqft. Most properties in this market are close to 1 stories. Most buildings in this region 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 area. Commute by walking is the most popular way to get to work amongst Provincetowne occupants. Commuting approximately an hour a day is the norm for those who opt to reside in this part of town.