The typical asking rate per listing is in the $20's per square foot per year. The Wilmington region is going through a decrease in rates. In the last 3 months, the median rate fell $3 per sqft per year. That's a 10% decline in rent.
In the last 90 days, 520 listings have come on the market, so you'll want to check back regularly for new listings. About 5% of the available space 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 available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,730 sqft. Most buildings in this market are close to 1 floors. Most buildings in this area were built in 1989 and are Class B.
Real time and historical data on commercial real estate listings in Wilmington.
Get email notifications when new listings are posted that match your requirements.