The typical asking rate per listing is in the $20's per square foot per year. The New Castle County submarket is going through a decrease in rates. In the last 3 months, the median rate fell $5 per sqft per year. That's a 18% decrease in rent.
In the last 90 days, 1373 listings have come on the market, so you'll want to check back regularly for new listings. About 14% of the office spaces in the New Castle County are subleases, so you might be able to snag a great spot on a short term. 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 2,600 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this market are close to 2 stories. Most buildings in this region 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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