Compared to the rest of the Metrolina market, the Third Ward submarket has higher rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 19 listings have been listed, which means listings most likley are going fast. You'll want to be prepared to make an offer immediately. About 11% of the available space in the Third Ward are subleases, so you might be able to find a shorter term or below market rent. 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 15,690 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this region are close to 16 stories. Most buildings in this area were built in 1959 and are Class A.
This market is fairly equally mixed residential and commercial. Real estate is the dominant industry in this region. Commute by car is the most popular way to get to work amongst Third Ward residents. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.