The typical asking rate per listing is in the $20'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 rose $12 per sqft per year. That's a 79% increase in rent.
In the last 90 days, 1 listings have been posted online, which means 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.
Even though the median size is 10,500 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this area are approximately 3 floors. Most buildings in this area were built in 1939 and are Class A.
This market is fairly equally mixed residential and commercial. Manufacturing is the dominant industry in this market. Commute by car is the most popular way to get to work amongst Downtown Hickory folk. Commuting approximately 15 minutes a day is the norm for those who opt to reside in this part of town.