The typical asking rate per listing is in the $20's per square foot per year. The Downtown Asheville submarket is seeing a a boost in rates. In the last 3 months, the median rate went up $1 per sqft per year. That's a 5% increase in rent.
In the last 90 days, 7 listings have been listed, which means leases might be going fast. You'll want to be prepared to make an offer immediately. About 14% of the office spaces in the Downtown Asheville are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,490 sqft. Most properties in this market are close to 2 stories. Most buildings in this region were built in 1957 and are Class A.
A large portion of this region is residential, but there's plenty of office_space. Finance and insurance are the dominant industries in this area. Commute by bike is the most popular way to get to work amongst Downtown Asheville residents. Commuting close to an hour a day is the norm for those who opt to reside in this part of town.