Most listings are in the $40's per square foot per year. The First Ward submarket is experiencing a a boost in rates. In the last 3 months, the median rate increased $20 per sqft per year. That's a 79% increase in rent.
Compared to the rest of the Metrolina market, the First Ward submarket has higher rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 1 listings have been posted online, which means spaces most likley are going fast. 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 1,500 sqft. Most properties in this area are close to 2 stories. Most buildings in this market were built in 1982 and are Class B.
A large portion of this area is residential, but there's plenty of office_space. Agriculture is the dominant industry in this area. Commute by car is the most popular way to get to work amongst First Ward residents. Commuting close to 30 minutes a day is the norm for those who opt to reside in this part of town.