On average, listings lease in the $30's per square foot per year. The Central Wilmington region is going through a a rise in rates. In the last 3 months, the median rate rose $5 per sqft per year. That's a 17% rise in rent.
In the last 90 days, 7 listings have come on the market, which means new availabilities are probably 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 posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,200 sqft. Most buildings in this region are close to 2 stories. Most buildings in this area were built in 1957 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Company management is the dominant industry in this area. Commute by public transit is the most popular way to get to work amongst Central Wilmington residents. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.