On average, listings lease in the $20's per square foot per year. The Downtown Hickory region is going through a a rise in rates. In the last 3 months, the median rate increased $12 per sqft per year. That's a 79% increase in rent.
In the last 90 days, 1 listings have been made available, which means leases 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 10,500 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this area are around 3 floors. Most buildings in this market were built in 1939 and are Class A.
This area is fairly equally mixed residential and commercial. Manufacturing is the dominant industry in this area. Commute by car is the most popular way to get to work amongst Downtown Hickory residents. Commuting approximately 15 minutes a day is the norm for those who opt to reside in this part of town.