On average, listings lease in the $30's per square foot per year. The Yorkmount submarket is experiencing a an increase in rates. In the last 3 months, the median rate went up $7 per sqft per year. That's a 25% rise in rent.
Compared to the rest of the Metrolina market, the Yorkmount submarket has greater rates, and you'll have to negotiate above asking rent to be in this hot region.
In the last 90 days, 17 listings have come on the market, which means office spaces most likley are going fast. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
Even though the median size is 4,480 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this region are approximately 3 stories. 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 market. Most of the folk 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.