On average, listings lease in the $30's per square foot per year. The First Ward region is seeing a an increase in rates. In the last 3 months, the median rate increased $30 per sqft per year.
Compared to the rest of the Metrolina market, the First Ward region has greater rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 0 listings have been made available, which means new listings most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About Inf% of the available leases in the First Ward are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
Even though the median size is 2,940 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this market are around 2 stories. Most buildings in this market were built in 1982 and are Class A.
A large portion of this region is residential, but there's plenty of office_space. Agriculture is the dominant industry in this area. Commute by car is the most popular way to get to work amongst First Ward folk. Commuting close to 30 minutes a day is the norm for those who opt to reside in this part of town.