On average, listings lease in the $0's per square foot per year. The Historic Biltmore Village region is experiencing a decline in rates. In the last 3 months, the median rate fell $33 per sqft per year. That's a 100% decrease in rent.
In the last 90 days, 3 listings have come on the market, which means spaces most likley are leasing quickly. You'll want to be prepared to make an offer immediately. 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 11,330 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this region are around 2 floors. Most buildings in this market were built in 1991 and are Class B.
A large portion of this region is residential, but there's plenty of office_space. Wholesale trade is the dominant industry in this market. Most of the folk of Historic Biltmore Village work from home. Commuting approximately 20 minutes a day is the norm for those who opt to reside in this part of town.