The typical asking rate per listing is in the $40's per square foot per year. The Downtown Charleston submarket is seeing a a boost in rates. In the last 3 months, the median rate rose $3 per sqft per year. That's a 6% increase in rent.
In the last 90 days, 9 listings have been made available, which means new listings are probably leasing quickly. 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.
Even though the median size is 2,820 sqft, there are still 0 leases below 2,000 sqft. Most properties in this market are close to 3 stories. Most buildings in this area were built in 1966 and are Class A.
A large portion of this region is residential, but there's plenty of office_space. Professional services is the dominant industry in this market. Commute by car is the most popular way to get to work amongst Downtown Charleston occupants. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.