Durham Retail

4215 University Dr - 6 Spaces Durham, NC Parking Ratio and Onsite Parking.
Sep 07
1,790 - 3,170
sqft
Retail
4711 Hope Valley Rd - 4 Spaces Durham, NC  
Aug 18
1,100 - 1,440
sqft
Retail

Durham

Market Report

Number of Listings
Posted in the last 90 days
58
Median Rate ($/sqft/yr)
$34
Median Size (sqft)
9,790

Durham Rates

Most listings are in the $30's per square foot per year. The Durham region is going through a a rise in rates. In the last 3 months, the median rate went up $4 per sqft per year. That's a 14% increase in rent.

Compared to the rest of the The Triangle market, the Durham submarket has greater rates, and you'll need to pay a premium to be in this hot submarket.

Durham Listing Supply

In the last 90 days, 886 listings have been made available, so you'll want to check back regularly for new listings. About 7% of the listings in the Durham 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 on the market, so finding a space for a small business might be tough.

Even though the median size is 15,620 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this market are around 2 stories. Most buildings in this market were built in 1995 and are Class A.

Durham Community

Market Data

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