The Bottom, Carolina Place & Old Wilmington Office Space

The Bottom, Carolina Place & Old Wilmington

Office Space Market Report

Number of Listings (last 90 days)
3
Median Rate ($/sqft/yr)
$15
Median Size (sqft)
5,000
As of: March 13, 2017

The Bottom, Carolina Place & Old Wilmington Rates

Most listings are in the $10's per square foot per year. The The Bottom, Carolina Place & Old Wilmington submarket is going through a decline in rates. In the last 3 months, the median rate fell $4 per sqft per year. That's a 20% decline in rent.

The Bottom, Carolina Place & Old Wilmington Listing Supply

In the last 90 days, 3 listings have come on the market, which means listings might be leasing quickly. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

Even though the median size is 5,000 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this market are close to 1 stories. Most buildings in this region were built in 1996 and are Class B.

The Bottom, Carolina Place & Old Wilmington Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Public administration is the dominant industry in this market. Commute by public transit is the most popular way to get to work amongst The Bottom, Carolina Place & Old Wilmington 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 The Bottom, Carolina Place & Old Wilmington.
Market Report

Market Data

Real time and historical data on commercial real estate listings in The Bottom, Carolina Place & Old Wilmington.
Research