On average, listings lease in the $30's per square foot per year. The Historic Biltmore Village submarket is going through a a boost in rates. In the last 3 months, the median rate increased $33 per sqft per year.
In the last 90 days, 4 listings have been made available, which means spaces might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. 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 2,040 sqft. Most buildings in this area are close to 2 floors. Most buildings in this region 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 market. Most of the occupants of Historic Biltmore Village work from home. Commuting around 20 minutes a day is the norm for those who opt to reside in this part of town.