Most listings are in the $20's per square foot per year. The Central Wilmington region is seeing a a boost in rates. In the last 3 months, the median rate increased $9 per sqft per year. That's a 43% rise in rent.
In the last 90 days, 92 listings have been posted online, so you'll want to check back regularly for new listings. About 3% of the available leases in the Central Wilmington are subleases, so you will probably need to sign a longer term lease with the landlord directly. 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 2,150 sqft. Most buildings in this market are approximately 2 floors. Most buildings in this area were built in 1925 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Company management is the dominant industry in this area. Commute by public transit is the most popular way to get to work amongst Central Wilmington occupants. 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 Central Wilmington.
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