Downtown Hickory Sublease

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Downtown Hickory

Office Space Market Report

Number of Listings (last 90 days)
1
Median Rate ($/sqft/yr)
$13
Median Size (sqft)
1,000
As of: July 23, 2017

Downtown Hickory Rates

The typical asking rate per listing is in the $10's per square foot per year. The Downtown Hickory submarket is going through a decrease in rates. In the last 3 months, the median rate fell $5 per sqft per year. That's a 27% decrease in rent.

Downtown Hickory Listing Supply

In the last 90 days, 1 listings have been listed, which means leases might be going fast. You'll want to be prepared to make an offer immediately. About 200% of the available space in the Downtown Hickory are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,000 sqft. Most buildings in this region are approximately 2 stories. Most buildings in this region were built in 1939 and are Class A.

Downtown Hickory Community

This market is fairly equally mixed residential and commercial. Manufacturing is the dominant industry in this area. Commute by car is the most popular way to get to work amongst Downtown Hickory occupants. Commuting approximately 15 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in Downtown Hickory.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Downtown Hickory.
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Hickory Submarkets