The typical asking rate per listing is in the $30's per square foot per year. The Beverly Woods submarket is seeing a decrease in rates. In the last 3 months, the median rate decreased $7 per sqft per year. That's a 16% decrease in rent.
Compared to the rest of the Metrolina market, the Beverly Woods submarket has more expensive rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 29 listings have come on the market, which means new listings are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 14% of the available space in the Beverly Woods 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 on the market, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,710 sqft. Most properties in this region are around 7 floors. Most buildings in this area were built in 1984 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Construction is the dominant industry in this market. Commute by walking is the most popular way to get to work amongst Beverly Woods folk. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.