Central Wilmington Sublease

Central Wilmington

Office Space Market Report

Number of Listings (last 90 days)
8
Median Rate ($/sqft/yr)
$29
Median Size (sqft)
550
As of: January 23, 2017

Central Wilmington Rates

Most listings are in the $20's per square foot per year. The Central Wilmington region is going through a decline in rates. In the last 3 months, the median rate decreased $5 per sqft per year. That's a 15% decrease in rent.

Central Wilmington Listing Supply

In the last 90 days, 8 listings have been listed, which means office spaces most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 550 sqft. Most buildings in this market are close to 2 floors. Most buildings in this region were built in 1957 and are Class B.

Central Wilmington Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Company management is the dominant industry in this region. Commute by public transit is the most popular way to get to work amongst Central Wilmington folk. 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 Central Wilmington.
Market Report

Market Data

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