On average, listings lease in the $20's per square foot per year. The Yorkmount region is experiencing a decrease in rates. In the last 3 months, the median rate fell $3 per sqft per year. That's a 13% decline in rent.
Compared to the rest of the Metrolina market, the Yorkmount submarket has smaller rates, so you should have no trouble finding a great deal in this depreciated region.
In the last 90 days, 6 listings have been posted online, which means listings might be going fast. 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.
Even though the median size is 3,500 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this market are around 3 floors. Most buildings in this region were built in 1986 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Arts, entertainment, and restaurants are the dominant industries in this region. Most of the residents of Yorkmount work from home. Commuting around 20 minutes a day is the norm for those who opt to reside in this part of town.