New Castle County Office Space

New Castle County

Office Space Market Report

Number of Listings (last 90 days)
193
Median Rate ($/sqft/yr)
$29
Median Size (sqft)
2,360
As of: February 24, 2017

New Castle County Rates

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 an increase in rates. In the last 3 months, the median rate rose $5 per sqft per year. That's a 22% increase in rent.

New Castle County Listing Supply

In the last 90 days, 193 listings have come on the market, so you'll want to check back regularly for new listings. About 1% of the available space in the New Castle County are subleases, so you will probably need to sign a longer term lease with the landlord directly. 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 2,360 sqft. Most properties in this area are close to 2 stories. Most buildings in this area were built in 1985 and are Class A.

New Castle County Community

Market Report

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

Market Data

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