The South End Sublease

The South End

Office Space Market Report

Number of Listings (last 90 days)
9
Median Rate ($/sqft/yr)
$36
Median Size (sqft)
2,260
As of: February 26, 2017

The South End Rates

On average, listings lease in the $30's per square foot per year. The The South End submarket is experiencing a a boost in rates. In the last 3 months, the median rate rose $7 per sqft per year. That's a 25% rise in rent.

Compared to the rest of the Metrolina market, the The South End submarket has more expensive rates, and you'll need to pay a premium to be in this hot region.

The South End Listing Supply

In the last 90 days, 9 listings have been made available, which means leases most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 11% of the available space in the The South End are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 2,260 sqft. Most buildings in this area are around 3 floors. Most buildings in this area were built in 1950 and are Class A.

The South End Community

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 region. Commute by bike is the most popular way to get to work amongst The South End folk. 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