The typical asking rate per listing is in the $10's per square foot per year. The Downtown Hickory region is experiencing a decrease in rates. In the last 3 months, the median rate decreased $0 per sqft per year. That's a 0% decline in rent.
In the last 90 days, 1 listings have come on the market, 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 available, so finding a space for a small business might be tough.
Even though the median size is 7,750 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this area are around 2 floors. Most buildings in this region were built in 1939 and are Class A.
This market is fairly equally mixed residential and commercial. Manufacturing is the dominant industry in this region. 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.