North Hills Industrial

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North Hills

Market Report

Number of Listings
Posted in the last 90 days
4
Median Rate ($/sqft/yr)
$26
Median Size (sqft)
3,100

North Hills Rates

Most listings are in the $20's per square foot per year. The North Hills submarket is going through a decrease in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 3% decline in rent.

Compared to the rest of the The Triangle market, the North Hills region has smaller rates, so you should have no trouble finding a great deal in this undervalued submarket.

North Hills Listing Supply

In the last 90 days, 546 listings have been made available, so you'll want to check back regularly for new listings. About 9% of the available leases in the North Hills are subleases, so you will probably have to consider a longer term lease. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

Even though the median size is 3,100 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this market are approximately 3 stories. Most buildings in this area were built in 1984 and are Class B.

North Hills Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Finance and insurance are the dominant industries in this region. Commute by motorcycle is the most popular way to get to work amongst North Hills residents. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.

Market Data

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