Compared to the rest of the The Triangle market, the Downtown Chapel Hill submarket has higher rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 2 listings have been posted online, which means office spaces might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. 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 3,300 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this market are approximately 9 floors. Most buildings in this market were built in 2008 and are Class A.
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 folk. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.