Delaware Retail

Delaware

Office Space Market Report

Number of Listings (last 90 days)
2
Median Rate ($/sqft/yr)
$22
Median Size (sqft)
1,390
As of: June 22, 2017

Delaware Rates

On average, listings lease in the $20's per square foot per year. The Delaware submarket is going through a an increase in rates. In the last 3 months, the median rate rose $22 per sqft per year.

Delaware Listing Supply

In the last 90 days, 2 listings have been posted online, which means leases most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. About 200% of the office spaces in the Delaware are subleases, so you might be able to find a shorter term or below market rent. 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 1,390 sqft. Most properties in this region are approximately 2 floors. Most buildings in this area were built in 1964 and are Class C.

Delaware Community

Market Report

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

Market Data

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