Most listings are in the $10's per square foot per year. The Downtown Hickory region is going through a decline in rates. In the last 3 months, the median rate decreased $2 per sqft per year. That's a 13% decline in rent.
In the last 90 days, 1 listings have been listed, which means new availabilities 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 2,250 sqft. Most buildings in this market are close to 3 floors. Most buildings in this area were built in 1910 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.