On average, listings lease in the $10's per square foot per year. The Downtown Hickory region is experiencing a an increase in rates. In the last 3 months, the median rate rose $18 per sqft per year.
In the last 90 days, 1 listings have been made available, which means office spaces most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 500% of the available leases in the Downtown Hickory are subleases, so you might be able to snag a great spot on a short term. 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 22,870 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this region are approximately 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 folk. Commuting close to 15 minutes a day is the norm for those who opt to reside in this part of town.