On average, listings lease in the $30's per square foot per year. The Yorkmount region is experiencing a a rise in rates. In the last 3 months, the median rate went up $10 per sqft per year. That's a 43% rise in rent.
Compared to the rest of the Metrolina market, the Yorkmount region has greater rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 15 listings have been made available, which means listings are probably going fast. You'll want to be prepared to make an offer immediately. 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 4,480 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this area are close to 3 stories. Most buildings in this market were built in 1986 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Arts, entertainment, and restaurants are the dominant industries in this region. Most of the residents of Yorkmount work from home. Commuting approximately 20 minutes a day is the norm for those who opt to reside in this part of town.