On average, listings lease in the $30's per square foot per year. The Historic Biltmore Village submarket is experiencing a a boost in rates. In the last 3 months, the median rate went up $33 per sqft per year.
In the last 90 days, 3 listings have been made available, which means listings might be leasing quickly. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 2,000 sqft. Most buildings in this region are close to 2 stories. Most buildings in this market were built in 1991 and are Class B.
A large portion of this region is residential, but there's plenty of office_space. Wholesale trade is the dominant industry in this region. Most of the residents of Historic Biltmore Village work from home. Commuting close to 20 minutes a day is the norm for those who opt to reside in this part of town.