Durham Sublease

Durham

Office Space Market Report

Number of Listings (last 90 days)
55
Median Rate ($/sqft/yr)
$20
Median Size (sqft)
1,500
As of: December 4, 2016

Durham Rates

Most listings are in the $20's per square foot per year. The Durham region is experiencing a decline in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 3% decline in rent.

Compared to the rest of the The Triangle market, the Durham region has smaller rates, so you should have no trouble finding a great deal in this depreciated region.

Durham Listing Supply

In the last 90 days, 55 listings have been listed, so you'll want to check back regularly for new listings. About 4% of the office spaces in the Durham are subleases, so you will probably need to sign a longer term lease with the landlord directly. 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 1,500 sqft. Most buildings in this area are close to 2 stories. Most buildings in this area were built in 1995 and are Class A.

Durham Community

Market Report

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

Market Data

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