First Ward Retail

First Ward

Office Space Market Report

Number of Listings (last 90 days)
0
Median Rate ($/sqft/yr)
$46
Median Size (sqft)
2,740
As of: June 22, 2017

First Ward Rates

The typical asking rate per listing is in the $40's per square foot per year. The First Ward region is going through a a rise in rates. In the last 3 months, the median rate went up $46 per sqft per year.

Compared to the rest of the Metrolina market, the First Ward submarket has higher rates, and you'll have to negotiate above asking rent to be in this hot region.

First Ward Listing Supply

In the last 90 days, 0 listings have come on the market, which means listings are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About Inf% of the office spaces 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 on the market, so finding a space for a small business might be tough.

Even though the median size is 2,740 sqft, there are still 0 listings below 2,000 sqft. Most properties in this region are approximately 2 floors. Most buildings in this area were built in 1982 and are Class A.

First Ward Community

A large portion of this market is residential, but there's plenty of office_space. Agriculture is the dominant industry in this region. Commute by car is the most popular way to get to work amongst First Ward folk. Commuting approximately 30 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 First Ward.
Market Report

Market Data

Real time and historical data on commercial real estate listings in First Ward.
Research