Fourth Ward Office Space

Fourth Ward

Office Space Market Report

Number of Listings (last 90 days)
106
Median Rate ($/sqft/yr)
$37
Median Size (sqft)
30,590
As of: August 17, 2017

Fourth Ward Rates

Most listings are in the $30's per square foot per year. The Fourth Ward submarket is experiencing a decline in rates. In the last 3 months, the median rate decreased $2 per sqft per year. That's a 5% decline in rent.

Compared to the rest of the Metrolina market, the Fourth Ward region has greater rates, and you'll need to pay a premium to be in this hot region.

Fourth Ward Listing Supply

In the last 90 days, 8 listings have come on the market, which means spaces might be going fast. You'll want to be prepared to make an offer immediately. About 75% of the available space in the Fourth Ward 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 30,590 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this area are close to 8 floors. Most buildings in this area were built in 1991 and are Class A.

Fourth Ward Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Real estate is the dominant industry in this region. Commute by public transit is the most popular way to get to work amongst Fourth Ward folk. Commuting around 15 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in Fourth Ward.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Fourth Ward.
Research

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