On average, listings lease in the $40's per square foot per year. The Fourth Ward region is experiencing a a boost in rates. In the last 3 months, the median rate went up $11 per sqft per year. That's a 37% rise in rent.
Compared to the rest of the Metrolina market, the Fourth Ward region has higher rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 6 listings have been listed, which means office spaces might be going fast. You'll want to be prepared to make an offer immediately. 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 5,350 sqft, there are still 0 listings below 2,000 sqft. Most properties in this area are approximately 19 stories. Most buildings in this area were built in 1996 and are Class A.
A large portion of this area 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 approximately 15 minutes a day is the norm for those who opt to reside in this part of town.