Chapel Hill Industrial

Chapel Hill

Market Report

Number of Listings
Posted in the last 90 days
0
Median Rate ($/sqft/yr)
$17
Median Size (sqft)
1,410

Chapel Hill Rates

On average, listings lease in the $10's per square foot per year. The Chapel Hill region is going through a a boost in rates. In the last 3 months, the median rate went up $17 per sqft per year.

Chapel Hill Listing Supply

In the last 90 days, 38 listings have come on the market, which means leases most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. 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 measurement for office space in this area is around 1,410 sqft. Most buildings in this region were built in 1969 and are Class C.

Chapel Hill Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Arts, entertainment, and restaurants are the dominant industries in this region. Commute by public transit is the most popular way to get to work amongst Chapel Hill occupants. Commuting approximately 30 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 Chapel Hill.
Research