On average, listings lease in the $30's per square foot per year. The Historic Biltmore Village region is experiencing a a boost in rates. In the last 3 months, the median rate went up $9 per sqft per year. That's a 39% increase in rent.
In the last 90 days, 8 listings have been listed, which means new listings are probably going fast. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 2,250 sqft. Most buildings in this market are close to 2 stories. Most buildings in this market were built in 1970 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Wholesale trade is the dominant industry in this region. Most of the folk of Historic Biltmore Village work from home. Commuting close to 20 minutes a day is the norm for those who opt to reside in this part of town.