New Hanover County Retail

New Hanover County

Office Space Market Report

Number of Listings (last 90 days)
56
Median Rate ($/sqft/yr)
$21
Median Size (sqft)
1,900
As of: March 30, 2017

New Hanover County Rates

On average, listings lease in the $20's per square foot per year. The New Hanover County region is going through a decline in rates. In the last 3 months, the median rate fell $3 per sqft per year. That's a 11% decrease in rent.

New Hanover County Listing Supply

In the last 90 days, 56 listings have come on the market, so you'll want to check back regularly for new listings. About 2% of the office spaces in the New Hanover County are subleases, so you will probably have to consider a longer term lease. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,430 sqft. Most properties in this market are close to 1 stories. Most buildings in this market were built in 1996 and are Class B.

New Hanover County Community

Market Report

Trends and status of the commercial real estate market in New Hanover County.
Market Report

Market Data

Real time and historical data on commercial real estate listings in New Hanover County.
Research