The Bottom, Carolina Place & Old Wilmington Retail

The Bottom, Carolina Place & Old Wilmington

Office Space Market Report

Number of Listings (last 90 days)
2
Median Rate ($/sqft/yr)
$18
Median Size (sqft)
6,070
As of: December 10, 2016

The Bottom, Carolina Place & Old Wilmington Rates

On average, listings lease in the $10's per square foot per year. The The Bottom, Carolina Place & Old Wilmington region is experiencing a an increase in rates. In the last 3 months, the median rate rose $18 per sqft per year.

The Bottom, Carolina Place & Old Wilmington Listing Supply

In the last 90 days, 2 listings have been posted online, which means listings most likley are going fast. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

Even though the median size is 6,070 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this area are close to 1 stories. Most buildings in this market were built in 1996 and are Class B.

The Bottom, Carolina Place & Old Wilmington Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Public administration is the dominant industry in this area. Commute by public transit is the most popular way to get to work amongst The Bottom, Carolina Place & Old Wilmington 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 The Bottom, Carolina Place & Old Wilmington.
Market Report

Market Data

Real time and historical data on commercial real estate listings in The Bottom, Carolina Place & Old Wilmington.
Research