Most listings are in the $30's per square foot per year. The Downtown Charleston region is seeing a decrease in rates. In the last 3 months, the median rate fell $14 per sqft per year. That's a 28% decrease in rent.
In the last 90 days, 21 listings have been listed, which means listings might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 14% of the office spaces in the Downtown Charleston 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 3,500 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this market are approximately 3 stories. Most buildings in this market were built in 1978 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find 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.