Compared to the rest of the The Triangle market, the Downtown Durham submarket has higher rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 15 listings have come on the market, which means new availabilities most likley are going fast. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
Even though the median size is 7,790 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this area are approximately 7 stories. Most buildings in this market were built in 1926 and are Class A.
A large portion of this region is residential, but there's plenty of office_space. Real estate is the dominant industry in this region. Commute by car is the most popular way to get to work amongst Downtown Durham residents. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.