Most listings are 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 went up $8 per sqft per year. That's a 35% rise in rent.
Compared to the rest of the Metrolina market, the Fourth Ward submarket has greater rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 3 listings have been listed, which means leases are probably going fast. You'll want to be prepared to tour spaces as quick as possible. 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 4,000 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this area are approximately 19 floors. Most buildings in this market were built in 1996 and are Class A.
A large portion of this market is residential, but there's plenty of office_space. Real estate is the dominant industry in this area. Commute by public transit is the most popular way to get to work amongst Fourth Ward occupants. Commuting close to 15 minutes a day is the norm for those who opt to reside in this part of town.