On average, listings lease in the $10's per square foot per year. The Downtown High Point submarket is seeing a decrease in rates. In the last 3 months, the median rate fell $4 per sqft per year. That's a 22% decline in rent.
In the last 90 days, 13 listings have been made available, which means new listings are probably going fast. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 2,400 sqft. Most buildings in this region are close to 1 floors. Most buildings in this market were built in 1966 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Professional services is the dominant industry in this market. Most of the residents of Downtown High Point work from home. Commuting under 5 minutes a day is the norm for those who opt to reside in this part of town.