The typical asking rate per listing is in the $20's per square foot per year. The Biltmore Forest submarket is experiencing a decline in rates. In the last 3 months, the median rate decreased $264 per sqft per year. That's a 90% decrease in rent.
In the last 90 days, 1 listings have been posted online, which means leases most likley are 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.
Even though the median size is 3,430 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this market are approximately 2 floors. Most buildings in this region were built in 2003 and are Class A.