The South End Sublease

The South End

Office Space Market Report

Number of Listings (last 90 days)
1
Median Rate ($/sqft/yr)
$29
Median Size (sqft)
980
As of: December 3, 2016

The South End Rates

On average, listings lease in the $20's per square foot per year. The The South End submarket is experiencing a decrease in rates. In the last 3 months, the median rate fell $3 per sqft per year. That's a 8% decrease in rent.

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

The South End Listing Supply

In the last 90 days, 1 listings have been posted online, which means leases most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. 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 980 sqft. Most buildings in this region are around 3 floors. Most buildings in this market 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 area. 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