On average, listings lease in the $10's per square foot per year. The Statesville submarket is seeing a decrease in rates. In the last 3 months, the median rate decreased $5 per sqft per year. That's a 22% decline in rent.
Compared to the rest of the Metrolina market, the Statesville region has less expensive rates, so you should have no trouble finding a great deal in this undervalued submarket.
In the last 90 days, 3 listings have been made available, which means new availabilities might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
Even though the median size is 9,500 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this market are around 1 floors. Most buildings in this market were built in 1987 and are Class B.