On average, listings lease in the $10's per square foot per year. The Downtown Winston-Salem region is experiencing a decrease in rates. In the last 3 months, the median rate fell $8 per sqft per year. That's a 33% decrease in rent.
In the last 90 days, 42 listings have been posted online, so you'll want to check back regularly for new listings. About 55% of the available leases in the Downtown Winston-Salem are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
Even though the median size is 18,920 sqft, there are still 0 listings below 2,000 sqft. Most properties in this market are close to 3 floors. Most buildings in this market were built in 1941 and are Class A.
This region is fairly equally mixed residential and commercial. Manufacturing is the dominant industry in this market. Commute by public transit is the most popular way to get to work amongst Downtown Winston-Salem occupants. Commuting under 5 minutes a day is the norm for those who opt to reside in this part of town.