2021 Office Space Rent & Sales
- $23.58 2021 Avg. Asking Rent
- 9.86% 2021 Office Vacancy Rate
Wilmington office price per square foot in 2021 was $23.58 on average. The local office market recorded an average vacancy rate of 9.86% across all asset classes combined.
Average Rent by Office Class
2021 Average Office Rent per Square Foot
- Wilmington Class A & A+ Office Space$23.95
- Wilmington Class B Office Space$22.48
- North Carolina Class A & A+ Office Space$30.03
- North Carolina Class B Office Space$23.99
- North Carolina Class C Office Space$18.96
Wilmington, NC Office Asking Rents by Class
Office Spaces for Rent in North Carolina
- Charlotte Office Space
- Raleigh Office Space
- Durham Office Space
- Greensboro Office Space
- Winston - Salem Office Space
- Cary Office Space
- Morrisville Office Space
- Wilmington Office Space
- Asheville Office Space
- Chapel Hill Office Space
- High Point Office Space
- Apex Office Space
- Concord Office Space
- Huntersville Office Space
- Mooresville Office Space
Coworking Spaces in North Carolina
- Atlanta Coworking Space
- Chicago Coworking Space
- Washington Coworking Space
- Miami Coworking Space
- Philadelphia Coworking Space
- Charlotte Coworking Space
- Tampa Coworking Space
- Raleigh Coworking Space
- Durham Coworking Space
- Asheville Coworking Space
- Chapel Hill Coworking Space
- Cary Coworking Space
- Greensboro Coworking Space
- Wake Forest Coworking Space
- Wilmington Coworking Space
- Burlington Coworking Space
- Concord Coworking Space
- Fuquay Varina Coworking Space
- Holly Springs Coworking Space
- Winston - Salem Coworking Space
2021 Office Construction in Wilmington, NC
- Wilmington, NC Total SF under construction in 2022 167,028
| Office building | Address | SF | Completed |
|---|---|---|---|
| 101 North 3rd Street | 101 North 3rd Street, 28401 | 69,000 | 2014 |
| 319 North Third Street | 319 North Third Street, 28401 | 54,000 | 2009 |
| 1001 Military Cutoff Road | 1001 Military Cutoff Road, 28405 | 62,395 | 2006 |
| Progress Point Shopping Center | 1427 Military Cutoff Road & 1712 Eastwood Road, 28403 | 22,000 | 2004 |
| 1105 Military Cutoff Rd | 1105 Military Cutoff #RD, 28405 | 16,469 | 2004 |
| 1017 Ashes Drive | 1017 Ashes Drive, 28405 | 894 | 2004 |
| 1437 Military Cutoff Rd | 1437 Military Cutoff Rd, 28403 | 13,500 | 2003 |
| 1104 Medical Center Drive | 1104 Medical Center Dr, 28401 | 6,500 | 2003 |
| Airlie Professional Center | 1508 Military Cutoff Road, 28403 | 45,000 | 2001 |
| 2517 Delaney Ave | 2517 Delaney Ave, 28403 | 3,756 | 1997 |
Worth noting among recent office completions on the Wilmington market is 101 North 3rd Street, which is currently the largest new office development in the city, at 69,000 square feet.
See reports for other markets
- Charlotte Office Rent Price
- Raleigh Office Rent Price
- Durham Office Rent Price
- Cary Office Rent Price
- Morrisville Office Rent Price
- Austin Office Rent Price
- San Francisco Office Rent Price
- San Diego Office Rent Price
- Dallas Office Rent Price
- Seattle Office Rent Price
- Atlanta Office Rent Price
- San Antonio Office Rent Price
- Los Angeles Office Rent Price
- Houston Office Rent Price
- Miami Office Rent Price
- Chicago Office Rent Price
This market stats report is based on analysis of city-level data that includes office properties equal to or larger than 25,000 square feet in size. Averages were calculated based on values dated January 1st 2021 through December 31st 2021. Construction pipeline data represented herein is valid as of April 2022. The information on this page was compiled using data provided by CommercialEdge, a market intelligence solution which offers comprehensive real market knowledge on all Wilmington commercial properties sized 25,000 square feet or larger.
While every effort was made to ensure the accuracy of the data presented in this report, the information is provided “as is” and neither CommercialCafe nor CommercialEdge can guarantee that the information provided is complete.