Wilmington Industrial Space

Wilmington

Market Report

Number of Listings
Posted in the last 90 days
37
Median Rate ($/sqft/yr)
$32
Median Size (sqft)
1,400

Wilmington Rates

The typical asking rate per listing is in the $30's per square foot per year. The Wilmington submarket is experiencing a a boost in rates. In the last 3 months, the median rate increased $3 per sqft per year. That's a 9% rise in rent.

Wilmington Listing Supply

In the last 90 days, 436 listings have been listed, so you'll want to check back regularly for new listings. About 9% of the available leases in the Wilmington are subleases, so you will probably need to consider the implications of signing a direct lease with the building. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,400 sqft. Most buildings in this area are close to 3 floors. Most buildings in this region were built in 1971 and are Class A.

Wilmington Community

Market Data

Real time and historical data on commercial real estate listings in Wilmington.
Research