The typical asking rate per listing is in the $10's per square foot per year. The Downtown Greensboro region is experiencing a decline in rates. In the last 3 months, the median rate fell $0 per sqft per year. That's a 1% decrease in rent.
In the last 90 days, 10 listings have been made available, which means new listings 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 1,300 sqft. Most properties in this region are around 3 stories. Most buildings in this region were built in 1950 and are Class A.
A large portion of this area is residential, but there's plenty of office_space. Manufacturing is the dominant industry in this market. Commute by walking is the most popular way to get to work amongst Downtown Greensboro folk. Commuting approximately an hour and a half a day is the norm for those who opt to reside in this part of town.