Durham Sublease

Durham

Office Space Market Report

Number of Listings (last 90 days)
76
Median Rate ($/sqft/yr)
$26
Median Size (sqft)
1,930
As of: May 20, 2017

Durham Rates

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

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

Durham Listing Supply

In the last 90 days, 76 listings have been listed, so you'll want to check back regularly for new listings. About 5% of the available space 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 on the market, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,930 sqft. Most properties in this market are around 2 floors. Most buildings in this region 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