On average, listings lease in the $30's per square foot per year. The Dilworth submarket is seeing a decline in rates. In the last 3 months, the median rate decreased $0 per sqft per year. That's a 1% decrease in rent.
Compared to the rest of the Metrolina market, the Dilworth region has higher rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 18 listings have been posted online, which means listings might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 33% of the available space in the Dilworth are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,220 sqft. Most buildings in this market are approximately 3 floors. Most buildings in this area were built in 1964 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Public administration is the dominant industry in this region. Commute by car is the most popular way to get to work amongst Dilworth folk. Commuting approximately 15 minutes a day is the norm for those who opt to reside in this part of town.