New Hanover County Retail

New Hanover County

Office Space Market Report

Number of Listings (last 90 days)
56
Median Rate ($/sqft/yr)
$26
Median Size (sqft)
2,340
As of: May 28, 2017

New Hanover County Rates

The typical asking rate per listing is in the $20's per square foot per year. The New Hanover County submarket is seeing a a boost in rates. In the last 3 months, the median rate increased $5 per sqft per year. That's a 25% rise in rent.

New Hanover County Listing Supply

In the last 90 days, 56 listings have been made available, so you'll want to check back regularly for new listings. About 4% of the office spaces in the New Hanover County are subleases, so you will probably need to sign a longer term lease with the landlord directly. 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 2,250 sqft. Most buildings in this area are around 1 stories. Most buildings in this region 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