Durham Retail

Durham

Office Space Market Report

Number of Listings (last 90 days)
76
Median Rate ($/sqft/yr)
$25
Median Size (sqft)
1,840
As of: May 30, 2017

Durham Rates

Most listings are in the $20's per square foot per year. The Durham region is seeing a an increase in rates. In the last 3 months, the median rate went up $1 per sqft per year. That's a 3% increase in rent.

Compared to the rest of the The Triangle market, the Durham submarket has lower rates, so you should have no trouble finding a great deal in this discounted region.

Durham Listing Supply

In the last 90 days, 76 listings have been posted online, so you'll want to check back regularly for new listings. About 5% of the office spaces in the Durham are subleases, so you will probably need to consider the implications of signing a direct lease with the building. 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 1,930 sqft. Most properties in this area are around 2 stories. Most buildings in this area were built in 1995 and are Class A.

Durham Community

Market Report

Trends and status of the commercial real estate market in Durham.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Durham.
Research