Downtown Chapel Hill Retail

Downtown Chapel Hill

Office Space Market Report

Number of Listings (last 90 days)
3
Median Rate ($/sqft/yr)
$30
Median Size (sqft)
3,300
As of: January 19, 2017

Downtown Chapel Hill Rates

Compared to the rest of the The Triangle market, the Downtown Chapel Hill submarket has more expensive rates, and you'll have to negotiate above asking rent to be in this hot region.

Downtown Chapel Hill Listing Supply

In the last 90 days, 3 listings have been posted online, which means spaces most likley are leasing quickly. 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 3,300 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this region are around 9 stories. Most buildings in this market were built in 2008 and are Class A.

Downtown Chapel Hill Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Professional services is the dominant industry in this market. Commute by motorcycle is the most popular way to get to work amongst Downtown Chapel Hill 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 Downtown Chapel Hill.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Downtown Chapel Hill.
Research