Bull Durham Sublease

Bull Durham

Office Space Market Report

Number of Listings (last 90 days)
0
Median Rate ($/sqft/yr)
$45
Median Size (sqft)
6,210
As of: August 21, 2017

Bull Durham Rates

Most listings are in the $40's per square foot per year. The Bull Durham submarket is seeing a an increase in rates. In the last 3 months, the median rate rose $7 per sqft per year. That's a 17% rise in rent.

Compared to the rest of the The Triangle market, the Bull Durham submarket has greater rates, and you'll have to negotiate above asking rent to be in this hot submarket.

Bull Durham Listing Supply

In the last 90 days, 0 listings have come on the market, which means leases are probably going fast. You'll want to be prepared to make an offer immediately. About Inf% of the listings in the Bull Durham are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

Even though the median size is 6,210 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this area are around 11 floors. Most buildings in this area were built in 2013 and are Class A.

Bull Durham Community

Public administration is the dominant industry in this market. Most of the residents of Bull Durham 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 Bull Durham.
Market Report

Market Data

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