North Hills Office Space

North Hills

Office Space Market Report

Number of Listings (last 90 days)
Median Rate ($/sqft/yr)
Median Size (sqft)
As of: October 26, 2016

North Hills Rates

The typical asking rate per listing is in the $20's per square foot per year. The North Hills submarket is seeing a decline in rates. In the last 3 months, the median rate fell $4 per sqft per year. That's a 16% decline in rent.

Compared to the rest of the The Triangle market, the North Hills submarket has smaller rates, so you should have no trouble finding a great deal in this depreciated submarket.

North Hills Listing Supply

In the last 90 days, 34 listings have come on the market, which means office spaces might be going fast. 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 3,100 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this market are close to 3 stories. Most buildings in this region were built in 1984 and are Class B.

North Hills Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Finance and insurance are the dominant industries in this market. Commute by motorcycle is the most popular way to get to work amongst North Hills folk. 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 North Hills.
Market Report

Market Data

Real time and historical data on commercial real estate listings in North Hills.