On average, listings lease in the $20's per square foot per year. The Downtown Winston-Salem region is going through a an increase in rates. In the last 3 months, the median rate went up $5 per sqft per year. That's a 19% increase in rent.
In the last 90 days, 42 listings have been posted online, so you'll want to check back regularly for new listings. About 57% of the available space in the Downtown Winston-Salem 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 on the market, so finding a space for a small business might be tough.
Even though the median size is 18,920 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this area are around 3 stories. Most buildings in this market were built in 1941 and are Class A.
This region is fairly equally mixed residential and commercial. Manufacturing is the dominant industry in this market. Commute by public transit is the most popular way to get to work amongst Downtown Winston-Salem folk. Commuting under 5 minutes a day is the norm for those who opt to reside in this part of town.