Downtown Charleston Office Space

Downtown Charleston

Office Space Market Report

Number of Listings (last 90 days)
30
Median Rate ($/sqft/yr)
$39
Median Size (sqft)
2,820
As of: March 12, 2017

Downtown Charleston Rates

Most listings are in the $30's per square foot per year. The Downtown Charleston submarket is going through a decrease in rates. In the last 3 months, the median rate decreased $9 per sqft per year. That's a 18% decline in rent.

Downtown Charleston Listing Supply

In the last 90 days, 30 listings have come on the market, which means office spaces are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 10% of the listings in the Downtown Charleston are subleases, so you will probably need to consider the implications of signing a direct lease with the building. 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 2,820 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this area are around 3 floors. Most buildings in this region were built in 1966 and are Class A.

Downtown Charleston Community

A large portion of this region is residential, but there's plenty of office_space. Professional services is the dominant industry in this market. Commute by car is the most popular way to get to work amongst Downtown Charleston occupants. Commuting between 30 and 45 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 Downtown Charleston.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Downtown Charleston.
Research