Umstead Retail

We couldn't find any retail spaces for Lease and Sublease


Office Space Market Report

Number of Listings (last 90 days)
Median Rate ($/sqft/yr)
Median Size (sqft)
As of: October 27, 2016

Umstead Rates

On average, listings lease in the $30's per square foot per year. The Umstead submarket is experiencing a a rise in rates. In the last 3 months, the median rate rose $2 per sqft per year. That's a 7% increase in rent.

Compared to the rest of the The Triangle market, the Umstead region has greater rates, and you'll have to negotiate above asking rent to be in this hot submarket.

Umstead Listing Supply

In the last 90 days, 5 listings have come on the market, which means spaces are probably going fast. 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 3,400 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this area are close to 3 stories. Most buildings in this market were built in 2008 and are Class A.

Umstead Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Finance and insurance are the dominant industries in this area. Commute by public transit is the most popular way to get to work amongst Umstead residents. Commuting under 5 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 Umstead.
Market Report

Market Data

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