The Bottom, Carolina Place & Old Wilmington Sublease

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The Bottom, Carolina Place & Old Wilmington

Office Space Market Report

Number of Listings (last 90 days)
2
Median Rate ($/sqft/yr)
$18
Median Size (sqft)
6,070
As of: December 4, 2016

The Bottom, Carolina Place & Old Wilmington Rates

The typical asking rate per listing is in the $10's per square foot per year. The The Bottom, Carolina Place & Old Wilmington region is seeing a an increase in rates. In the last 3 months, the median rate went up $18 per sqft per year. That's a Inf% rise in rent.

The Bottom, Carolina Place & Old Wilmington Listing Supply

In the last 90 days, 2 listings have been made available, which means leases most likley are leasing quickly. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

Even though the median size is 6,070 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this market are approximately 1 stories. Most buildings in this market were built in 1996 and are Class B.

The Bottom, Carolina Place & Old Wilmington Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Public administration is the dominant industry in this region. Commute by public transit is the most popular way to get to work amongst The Bottom, Carolina Place & Old Wilmington residents. 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 The Bottom, Carolina Place & Old Wilmington.
Market Report

Market Data

Real time and historical data on commercial real estate listings in The Bottom, Carolina Place & Old Wilmington.
Research