Most listings are in the $20's per square foot per year. The Downtown Winston-Salem region is experiencing a decline in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 3% decline in rent.
In the last 90 days, 20 listings have been made available, which means spaces most likley are going fast. You'll want to be prepared to make an offer immediately. About 15% of the office spaces in the Downtown Winston-Salem 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 available, so finding a space for a small business might be tough.
Even though the median size is 4,870 sqft, there are still 0 leases below 2,000 sqft. Most properties in this region are close to 3 floors. Most buildings in this market were built in 1944 and are Class A.
This area is fairly equally mixed residential and commercial. Manufacturing is the dominant industry in this region. 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.