Downtown Wilmington Sublease

Downtown Wilmington

Office Space Market Report

Number of Listings (last 90 days)
53
Median Rate ($/sqft/yr)
$29
Median Size (sqft)
10,000
As of: July 23, 2017

Downtown Wilmington Rates

The typical asking rate per listing is in the $20's per square foot per year. The Downtown Wilmington submarket is experiencing a decrease in rates. In the last 3 months, the median rate fell $11 per sqft per year. That's a 27% decrease in rent.

Downtown Wilmington Listing Supply

In the last 90 days, 53 listings have been listed, so you'll want to check back regularly for new listings. About 32% of the office spaces in the Downtown Wilmington are subleases, so you might be able to snag a great spot on a short term. 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 10,000 sqft, there are still 0 leases below 2,000 sqft. Most properties in this area are approximately 9 stories. Most buildings in this market were built in 1972 and are Class A.

Downtown Wilmington Community

Utilities is the dominant industry in this area. Most of the folk of Downtown Wilmington work from home. 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 Downtown Wilmington.
Market Report

Market Data

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

Wilmington Submarkets