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Central Wilmington Office Space For Lease

Central Wilmington

Market Report

Number of Listings For Lease
Posted in the last 90 days
4
Median Rate ($/sqft/yr)
$31
Median Size (sqft)
2,390

Central Wilmington Commercial Real Estate

Find Central Wilmington commercial real estate for sale and for lease on 42Floors, the commercial real estate search engine. Listings cover all types of properties including Retail, Office Space, Industrial, Medical and much more. Learn about Central Wilmington commercial real estate trends in 42Floors Research. Learn tips, tricks, and jargon about leasing or buying commercial real estate in 42Floors EDU.

Central Wilmington Rates

The typical asking rate per commerial real estate listing leases is in the $30's per square foot per year. The Central Wilmington submarket is experiencing a a boost in rates. In the last 3 months, the median rate for lease rose $3 per sqft per year. That's a 9% rise in rent.

Central Wilmington Listing Supply

In the last 90 days, 92 commercial real estate listings have been listed, so you'll want to check back regularly for new listings. 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 size for office space in this area is around 2,150 sqft. Most buildings in this region are close to 2 stories. Most buildings in this area were built around 1920 and are Class B.

Central Wilmington Community

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.

Market Data

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