Chapel Hill Commercial Real Estate

Chapel Hill

Market Report

Number of Listings
Posted in the last 90 days
1
Median Rate ($/sqft/yr)
$17
Median Size (sqft)
1,410

Chapel Hill Rates

Most listings are in the $10's per square foot per year. The Chapel Hill submarket is experiencing a an increase in rates. In the last 3 months, the median rate went up $17 per sqft per year.

Chapel Hill Listing Supply

In the last 90 days, 38 listings have been made available, which means new listings are probably going fast. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,410 sqft. Most buildings in this area were built in 1969 and are Class C.

Chapel Hill Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Arts, entertainment, and restaurants are the dominant industries in this market. Commute by public transit is the most popular way to get to work amongst Chapel Hill residents. Commuting close to 30 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 Chapel Hill.
Research