Most listings are in the $10's per square foot per year. The Downtown Hickory submarket is experiencing a decrease in rates. In the last 3 months, the median rate fell $0 per sqft per year. That's a 0% decline in rent.
In the last 90 days, 1 listings have been posted online, which means spaces 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 posted, so finding a space for a small business might be tough.
Even though the median size is 7,750 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this region are close to 2 stories. Most buildings in this market were built in 1939 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 residents. Commuting approximately 15 minutes a day is the norm for those who opt to reside in this part of town.