Downtown Hickory Industrial

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Downtown Hickory

Office Space Market Report

Number of Listings (last 90 days)
1
Median Rate ($/sqft/yr)
$15
Median Size (sqft)
2,250
As of: December 4, 2016

Downtown Hickory Rates

On average, listings lease in the $10's per square foot per year. The Downtown Hickory submarket is experiencing a decline in rates. In the last 3 months, the median rate fell $2 per sqft per year. That's a 13% decrease in rent.

Downtown Hickory Listing Supply

In the last 90 days, 1 listings have been posted online, which means office spaces might be 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.

The standard measurement for office space in this area is around 2,250 sqft. Most properties in this market are close to 3 floors. Most buildings in this market were built in 1910 and are Class A.

Downtown Hickory Community

This region is fairly equally mixed residential and commercial. Manufacturing is the dominant industry in this market. Commute by car is the most popular way to get to work amongst Downtown Hickory occupants. Commuting around 15 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 Hickory.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Downtown Hickory.
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Hickory Submarkets