Fourth Ward Retail

Fourth Ward

Office Space Market Report

Number of Listings (last 90 days)
8
Median Rate ($/sqft/yr)
$39
Median Size (sqft)
13,940
As of: May 20, 2017

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 decrease in rates. In the last 3 months, the median rate fell $3 per sqft per year. That's a 6% decrease in rent.

Compared to the rest of the Metrolina market, the Fourth Ward submarket has more expensive rates, and you'll need to make a great offer to be in this hot region.

Fourth Ward Listing Supply

In the last 90 days, 8 listings have come on the market, which means listings most likley are 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 13,940 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this area are around 8 stories. Most buildings in this region were built in 1991 and are Class A.

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 folk. 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