Most listings are in the $10's per square foot per year. The Downtown Hickory region is going through a decrease in rates. In the last 3 months, the median rate decreased $5 per sqft per year. That's a 27% decrease in rent.
In the last 90 days, 1 listings have come on the market, which means new availabilities might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 200% of the available space in the Downtown Hickory 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 1,000 sqft. Most buildings in this region are approximately 2 floors. Most buildings in this area were built in 1939 and are Class A.
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 approximately 15 minutes a day is the norm for those who opt to reside in this part of town.