Downtown Wilmington Retail

Downtown Wilmington

Market Report

Number of Listings
Posted in the last 90 days
5
Median Rate ($/sqft/yr)
$28
Median Size (sqft)
2,150

Downtown Wilmington Rates

On average, listings lease in the $20's per square foot per year. The Downtown Wilmington region is seeing a decline in rates. In the last 3 months, the median rate decreased $3 per sqft per year. That's a 10% decrease in rent.

Downtown Wilmington Listing Supply

In the last 90 days, 85 listings have been listed, so you'll want to check back regularly for new listings. About 2% of the available leases in the Downtown Wilmington are subleases, so you will probably have to consider a longer term lease. 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 region are close to 3 stories. Most buildings in this region were built in 1925 and are Class B.

Downtown Wilmington Community

A large portion of this region is residential, but there's plenty of office_space. Education is the dominant industry in this region. Commute by car is the most popular way to get to work amongst Downtown Wilmington residents. Commuting around 20 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 Downtown Wilmington.
Research