The typical asking rate per listing is in the $10's per square foot per year. The New Hanover County submarket is experiencing a decline in rates. In the last 3 months, the median rate fell $9 per sqft per year. That's a 33% decrease in rent.
In the last 90 days, 56 listings have been listed, so you'll want to check back regularly for new listings. About 29% of the available leases in the New Hanover County 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 available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,100 sqft. Most properties in this market are close to 1 stories. Most buildings in this region were built in 1996 and are Class B.