Durham Sublease

Durham

Office Space Market Report

Number of Listings (last 90 days)
76
Median Rate ($/sqft/yr)
$28
Median Size (sqft)
3,700
As of: June 25, 2017

Durham Rates

On average, listings lease in the $20's per square foot per year. The Durham region is going through a an increase in rates. In the last 3 months, the median rate increased $28 per sqft per year.

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

Durham Listing Supply

In the last 90 days, 76 listings have come on the market, so you'll want to check back regularly for new listings. About 112% of the available space in the Durham 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 on the market, so finding a space for a small business might be tough.

Even though the median size is 3,700 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this area are close to 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