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The typical asking rate per commerial real estate listing leases is in the $20's per square foot per year.
Compared to the rest of the The Triangle commercial real estate market, the North Hills submarket has less expensive rates, so you should have no trouble finding a great deal in this undervalued submarket.
In the last 90 days, 546 commercial real estate listings have come on the market, so you'll want to check back regularly for new listings. About 1% of the commercial real estate listings in the North Hills are subleases, so you will probably have to focus your search on direct leases. 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 size for office space in this area is around 3,160 sqft. Most properties in this market are approximately 3 floors. Most buildings in this region were built approximately 1984 and are Class B.
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 area. 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.
Real time and historical data on commercial real estate listings in North Hills.
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