New Hanover County Industrial

New Hanover County

Office Space Market Report

Number of Listings (last 90 days)
56
Median Rate ($/sqft/yr)
$18
Median Size (sqft)
1,100
As of: August 17, 2017

New Hanover County Rates

The typical asking rate per listing is in the $10's per square foot per year. The New Hanover County region is seeing a decline in rates. In the last 3 months, the median rate fell $9 per sqft per year. That's a 33% decline in rent.

New Hanover County Listing Supply

In the last 90 days, 56 listings have been made available, so you'll want to check back regularly for new listings. About 30% of the listings in the New Hanover County 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 1,100 sqft. Most buildings in this region are approximately 1 stories. Most buildings in this market were built in 1996 and are Class B.

New Hanover County Community

Market Report

Trends and status of the commercial real estate market in New Hanover County.
Market Report

Market Data

Real time and historical data on commercial real estate listings in New Hanover County.
Research