The typical asking rate per listing is in the $40's per square foot per year. The First Ward submarket is going through a an increase in rates. In the last 3 months, the median rate rose $20 per sqft per year. That's a 79% rise in rent.
Compared to the rest of the Metrolina market, the First Ward submarket has greater rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 1 listings have been posted online, which means office spaces most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,500 sqft. Most properties in this region are close to 2 stories. Most buildings in this area were built in 1982 and are Class B.
A large portion of this area is residential, but there's plenty of office_space. Agriculture is the dominant industry in this area. Commute by car is the most popular way to get to work amongst First Ward residents. Commuting around 30 minutes a day is the norm for those who opt to reside in this part of town.