Downtown Chapel Hill Office Space

Downtown Chapel Hill

Office Space Market Report

Number of Listings (last 90 days)
4
Median Rate ($/sqft/yr)
$39
Median Size (sqft)
210
As of: August 18, 2017

Downtown Chapel Hill Rates

Compared to the rest of the The Triangle market, the Downtown Chapel Hill region has more expensive rates, and you'll need to make a great offer to be in this hot region.

Downtown Chapel Hill Listing Supply

In the last 90 days, 4 listings have been made available, which means spaces are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 75% of the listings in the Downtown Chapel Hill 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 210 sqft. Most properties in this market are approximately 9 floors. Most buildings in this area were built in 2008 and are Class A.

Downtown Chapel Hill Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Professional services is the dominant industry in this region. Commute by motorcycle is the most popular way to get to work amongst Downtown Chapel Hill residents. 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 Chapel Hill.
Market Report

Market Data

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