Most listings are in the $20's per square foot per year. The Wilmington submarket is experiencing a decrease in rates. In the last 3 months, the median rate fell $5 per sqft per year. That's a 18% decrease in rent.
In the last 90 days, 27 listings have come on the market, which means leases most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
Even though the median size is 2,610 sqft, there are still 0 leases below 2,000 sqft. Most properties in this market are approximately 4 stories. Most buildings in this market were built in 1970 and are Class A.