The South End Sublease

The South End

Office Space Market Report

Number of Listings (last 90 days)
11
Median Rate ($/sqft/yr)
$34
Median Size (sqft)
3,380
As of: March 12, 2017

The South End Rates

Most listings are in the $30's per square foot per year. The The South End region is seeing a decline in rates. In the last 3 months, the median rate fell $2 per sqft per year. That's a 5% decline in rent.

Compared to the rest of the Metrolina market, the The South End submarket has greater rates, and you'll have to negotiate above asking rent to be in this hot submarket.

The South End Listing Supply

In the last 90 days, 11 listings have been posted online, which means listings might be going fast. You'll want to be prepared to make an offer immediately. About 9% of the available leases in the The South End are subleases, so you will probably have to consider a longer term lease. 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 3,380 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this region are around 3 floors. Most buildings in this region were built in 1950 and are Class A.

The South End Community

A large portion of this region is residential, but there's plenty of office_space. Construction is the dominant industry in this area. Commute by bike is the most popular way to get to work amongst The South End residents. Commuting under 5 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 The South End.
Market Report

Market Data

Real time and historical data on commercial real estate listings in The South End.
Research