On average, listings lease in the $30's per square foot per year. The Downtown Greenville submarket is going through a a rise in rates. In the last 3 months, the median rate increased $1 per sqft per year. That's a 5% rise in rent.
In the last 90 days, 25 listings have come on the market, which means new listings are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 32% of the office spaces in the Downtown Greenville 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 posted, so finding a space for a small business might be tough.
Even though the median size is 3,620 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this area are around 5 stories. Most buildings in this region were built in 1975 and are Class A.
This area is fairly equally mixed residential and commercial. Wholesale trade is the dominant industry in this region. Commute by car is the most popular way to get to work amongst Downtown Greenville residents. Commuting around 10 minutes a day is the norm for those who opt to reside in this part of town.