Fourth Ward Retail

Fourth Ward

Office Space Market Report

Number of Listings (last 90 days)
3
Median Rate ($/sqft/yr)
$22
Median Size (sqft)
2,680
As of: December 2, 2016

Fourth Ward Rates

The typical asking rate per listing is in the $30's per square foot per year. The Fourth Ward submarket is experiencing a an increase in rates. In the last 3 months, the median rate increased $4 per sqft per year. That's a 15% increase in rent.

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

Fourth Ward Listing Supply

In the last 90 days, 2 listings have come on the market, which means office spaces might be leasing quickly. You'll want to be prepared to make an offer immediately. 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 2,680 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this region are close to 20 floors. Most buildings in this area were built in 1996 and are Class B.

Fourth Ward Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Real estate is the dominant industry in this market. Commute by public transit is the most popular way to get to work amongst Fourth Ward residents. Commuting around 15 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 Fourth Ward.
Market Report

Market Data

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