Downtown Hickory Office Space

Downtown Hickory

Office Space Market Report

Number of Listings (last 90 days)
1
Median Rate ($/sqft/yr)
$13
Median Size (sqft)
1,000
As of: June 25, 2017

Downtown Hickory Rates

The typical asking rate per listing is in the $10's per square foot per year. The Downtown Hickory submarket is seeing a a rise in rates. In the last 3 months, the median rate increased $18 per sqft per year.

Downtown Hickory Listing Supply

In the last 90 days, 1 listings have been made available, which means listings most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About 500% of the available space in the Downtown Hickory are subleases, so you might be able to find a shorter term or below market rent. 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 22,870 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this region are around 2 floors. Most buildings in this region were built in 1939 and are Class A.

Downtown Hickory Community

This market is fairly equally mixed residential and commercial. Manufacturing is the dominant industry in this area. Commute by car is the most popular way to get to work amongst Downtown Hickory occupants. Commuting around 15 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in Downtown Hickory.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Downtown Hickory.
Research

Hickory Submarkets