North Hills Sublease

North Hills

Office Space Market Report

Number of Listings (last 90 days)
39
Median Rate ($/sqft/yr)
$30
Median Size (sqft)
3,600
As of: January 23, 2017

North Hills Rates

Most listings are in the $20's per square foot per year. The North Hills region is experiencing a decrease in rates. In the last 3 months, the median rate decreased $2 per sqft per year. That's a 8% decline in rent.

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

North Hills Listing Supply

In the last 90 days, 45 listings have come on the market, so you'll want to check back regularly for new listings. About 2% of the available leases in the North Hills are subleases, so you will probably have to focus your search on direct office leases. 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 3,110 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this region are around 3 stories. Most buildings in this area were built in 1984 and are Class B.

North Hills Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Finance and insurance are the dominant industries in this market. Commute by motorcycle is the most popular way to get to work amongst North Hills occupants. 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 North Hills.
Market Report

Market Data

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