Most listings are in the $30's per square foot per year. The Beverly Woods region is experiencing a decline in rates. In the last 3 months, the median rate fell $7 per sqft per year. That's a 16% decrease in rent.
Compared to the rest of the Metrolina market, the Beverly Woods region has greater rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 29 listings have come on the market, which means spaces are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 7% of the listings in the Beverly Woods are subleases, so you will probably have to focus your search on direct office leases. 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 properties in this region are close to 7 stories. 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.