On average, listings lease in the $50's per square foot per year. The Downtown Charleston submarket is going through a an increase in rates. In the last 3 months, the median rate increased $50 per sqft per year.
In the last 90 days, 30 listings have come on the market, which means new availabilities are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 23% of the available leases in the Downtown Charleston 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 on the market, so finding a space for a small business might be tough.
Even though the median size is 2,680 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this region are close to 3 floors. Most buildings in this market were built in 1966 and are Class A.
A large portion of this area is residential, but there's plenty of office_space. Professional services is the dominant industry in this area. Commute by car is the most popular way to get to work amongst Downtown Charleston folk. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.