Umstead Commercial Real Estate

Umstead

Market Report

Number of Listings
Posted in the last 90 days
1
Median Rate ($/sqft/yr)
$25
Median Size (sqft)
1,000

Compared to the rest of the The Triangle market, the Umstead region has lower rates, so you should have no trouble finding a great deal in this depreciated submarket.

Umstead Listing Supply

In the last 90 days, 61 listings have been made available, so you'll want to check back regularly for new listings. About 11% of the available space in the Umstead 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 posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,000 sqft. Most properties in this area are approximately 1 floors. Most buildings in this area were built in 2007 and are Class A.

Umstead Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Finance and insurance are the dominant industries in this market. Commute by public transit is the most popular way to get to work amongst Umstead folk. Commuting under 5 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 Umstead.
Research