Most listings are in the $30's per square foot per year. The Wesley Heights submarket is seeing a decrease in rates. In the last 3 months, the median rate fell $13 per sqft per year. That's a 30% decrease in rent.
Compared to the rest of the Metrolina market, the Wesley Heights region has greater rates, and you'll need to pay a premium to be in this hot region.
In the last 90 days, 7 listings have been listed, which means new availabilities might be leasing quickly. You'll want to be prepared to make an offer immediately. About 14% of the office spaces in the Wesley Heights are subleases, so you might be able to find a shorter term or below market rent. 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 7,110 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this area are around 2 stories. Most buildings in this region were built in 1929 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Education is the dominant industry in this market. Commute by car is the most popular way to get to work amongst Wesley Heights folk. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.