East Durham Office Space

East Durham

Office Space Market Report

Number of Listings (last 90 days)
4
Median Rate ($/sqft/yr)
$26
Median Size (sqft)
5,210
As of: June 22, 2017

East Durham Rates

On average, listings lease in the $20's per square foot per year. The East Durham region is seeing a an increase in rates. In the last 3 months, the median rate went up $26 per sqft per year.

Compared to the rest of the The Triangle market, the East Durham submarket has lower rates, so you should have no trouble finding a great deal in this undervalued region.

East Durham Listing Supply

In the last 90 days, 4 listings have been made available, which means spaces most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. About 25% of the listings in the East Durham are subleases, so you might be able to snag a great spot on a short term. 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 5,210 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this area are close to 5 floors. Most buildings in this area were built in 1985 and are Class B.

East Durham Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Utilities is the dominant industry in this area. Commute by walking is the most popular way to get to work amongst East Durham occupants. 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 East Durham.
Market Report

Market Data

Real time and historical data on commercial real estate listings in East Durham.
Research