The typical asking rate per listing is in the $20's per square foot per year. The Olde Whitehall region is experiencing a an increase in rates. In the last 3 months, the median rate increased $28 per sqft per year.
Compared to the rest of the Metrolina market, the Olde Whitehall submarket has lower rates, so you should have no trouble finding a great deal in this undervalued submarket.
In the last 90 days, 12 listings have been listed, which means new availabilities are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. 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 9,600 sqft, there are still 0 leases below 2,000 sqft. Most properties in this market are approximately 5 floors. Most buildings in this region were built in 2003 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Information is the dominant industry in this region. Commute by bike is the most popular way to get to work amongst Olde Whitehall folk. Commuting close to an hour and a half a day is the norm for those who opt to reside in this part of town.