Wilmington Industrial

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Wilmington

Market Report

Number of Listings
Posted in the last 90 days
11
Median Rate ($/sqft/yr)
$28
Median Size (sqft)
1,730

Wilmington Rates

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.

Wilmington Listing Supply

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.

Wilmington Community

Market Data

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