The typical asking rate per listing is in the $20's per square foot per year. The New Castle County region is seeing a decrease in rates. In the last 3 months, the median rate fell $5 per sqft per year. That's a 18% decline in rent.
In the last 90 days, 1373 listings have been listed, so you'll want to check back regularly for new listings. About 14% of the available space in the New Castle County are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
Even though the median size is 2,600 sqft, there are still 0 leases below 2,000 sqft. Most properties in this region are approximately 2 floors. Most buildings in this area were built in 1986 and are Class A.
Real time and historical data on commercial real estate listings in New Castle County.
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