Chapel Hill Industrial Space

Chapel Hill

Market Report

Number of Listings
Posted in the last 90 days
13
Median Rate ($/sqft/yr)
$42
Median Size (sqft)
2,220

Chapel Hill Rates

The typical asking rate per listing is in the $40's per square foot per year. The Chapel Hill submarket is experiencing a a boost in rates. In the last 3 months, the median rate increased $10 per sqft per year. That's a 32% increase in rent.

Compared to the rest of the The Triangle market, the Chapel Hill region has higher rates, and you'll need to make a great offer to be in this hot submarket.

Chapel Hill Listing Supply

In the last 90 days, 180 listings have come on the market, so you'll want to check back regularly for new listings. About 4% of the office spaces in the Chapel Hill are subleases, so you will probably have to consider a longer term lease. 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 2,220 sqft. Most buildings in this area are close to 3 floors. Most buildings in this area were built in 2001 and are Class A.

Chapel Hill Community

Market Data

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