Delaware Retail

Delaware

Office Space Market Report

Number of Listings (last 90 days)
2
Median Rate ($/sqft/yr)
$15
Median Size (sqft)
1,390
As of: May 20, 2017

Delaware Rates

On average, listings lease in the $10's per square foot per year. The Delaware region is seeing a an increase in rates. In the last 3 months, the median rate increased $15 per sqft per year.

Delaware Listing Supply

In the last 90 days, 2 listings have come on the market, which means leases might be going fast. You'll want to be prepared to make an offer immediately. About 50% of the available space 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 buildings in this region are approximately 2 stories. Most buildings in this area were built in 1946 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