Downtown Wilmington Office Space

Downtown Wilmington

Office Space Market Report

Number of Listings (last 90 days)
53
Median Rate ($/sqft/yr)
$29
Median Size (sqft)
4,050
As of: June 28, 2017

Downtown Wilmington Rates

On average, listings lease in the $30's per square foot per year. The Downtown Wilmington region is seeing a a rise in rates. In the last 3 months, the median rate went up $40 per sqft per year.

Downtown Wilmington Listing Supply

In the last 90 days, 53 listings have come on the market, so you'll want to check back regularly for new listings. About 42% of the listings in the Downtown Wilmington 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 on the market, so finding a space for a small business might be tough.

Even though the median size is 3,780 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this market are approximately 9 stories. Most buildings in this region were built in 1972 and are Class A.

Downtown Wilmington Community

Utilities is the dominant industry in this region. Most of the residents of Downtown Wilmington work from home. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in Downtown Wilmington.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Downtown Wilmington.
Research

Wilmington Submarkets