Most listings are in the $20's per square foot per year. The New Hanover County submarket is seeing a decrease in rates. In the last 3 months, the median rate decreased $3 per sqft per year. That's a 9% decrease in rent.
In the last 90 days, 588 listings have been listed, so you'll want to check back regularly for new listings. About 6% of the office spaces in the New Hanover County are subleases, so you will probably have to focus your search on direct office 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 measurement for office space in this area is around 1,730 sqft. Most properties in this market are close to 1 floors. Most buildings in this area were built in 1995 and are Class B.
Real time and historical data on commercial real estate listings in New Hanover County.
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