Downtown Charleston Sublease

Downtown Charleston

Office Space Market Report

Number of Listings (last 90 days)
30
Median Rate ($/sqft/yr)
$48
Median Size (sqft)
1,800
As of: August 20, 2017

Downtown Charleston Rates

The typical asking rate per listing is in the $40's per square foot per year. The Downtown Charleston submarket is experiencing a decrease in rates. In the last 3 months, the median rate decreased $3 per sqft per year. That's a 5% decline in rent.

Downtown Charleston Listing Supply

In the last 90 days, 30 listings have come on the market, which means new listings might be going fast. You'll want to be prepared to make an offer immediately. About 90% of the listings in the Downtown Charleston 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.

The standard measurement for office space in this area is around 1,800 sqft. Most properties in this area are around 2 stories. Most buildings in this market were built in 1916 and are Class A.

Downtown Charleston Community

A large portion of this market 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 folk. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in Downtown Charleston.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Downtown Charleston.
Research