The typical asking rate per listing is in the $20's per square foot per year. The Yorkmount region is experiencing a decline in rates. In the last 3 months, the median rate decreased $11 per sqft per year. That's a 33% decline in rent.
Compared to the rest of the Metrolina market, the Yorkmount submarket has less expensive rates, so you should have no trouble finding a great deal in this undervalued submarket.
In the last 90 days, 16 listings have been listed, which means listings are probably leasing quickly. 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.
Even though the median size is 7,050 sqft, there are still 0 leases below 2,000 sqft. Most properties in this market are close to 3 floors. Most buildings in this area were built in 1986 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Arts, entertainment, and restaurants are the dominant industries in this region. Most of the residents of Yorkmount work from home. Commuting approximately 20 minutes a day is the norm for those who opt to reside in this part of town.