Compared to the rest of the Metrolina market, the Third Ward submarket has more expensive rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 22 listings have been posted online, which means spaces might be going fast. You'll want to be prepared to make an offer immediately. About 5% of the available space in the Third Ward are subleases, so you will probably have to consider a longer term lease. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
Even though the median size is 3,980 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this region are around 15 stories. Most buildings in this area were built in 1959 and are Class A.
This region is fairly equally mixed residential and commercial. Real estate is the dominant industry in this area. Commute by car is the most popular way to get to work amongst Third Ward folk. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.