Understanding Warehouse and Industrial Listing Rents in Durham, NC
In Durham, the average asking rent for industrial space can vary significantly due to various factors, such as location, property size, and quality rating.
For example, properties that are located close to high-capacity transport routes or cargo ports are always in high demand, which generally means higher rents. Similarly, larger warehouse or other industrial facility types can incur higher utilities and maintenance costs, which will ultimately be reflected in higher rents.
Class A or higher means tenants get some of the best quality industrial real estate available on the market and it tends to command the highest rents. It might be newly constructed property, or older industrial buildings that have been improved to meet or exceed modern standards.
Meanwhile, Class B and Class C industrial buildings are generally older real estate that lacks some of the most modern amenities. Rents for Class B and Class C properties tend to be lower than the A tier, but due to age might incur higher upkeep and maintenance costs, which can offset the rent savings.
Breakdown of Industrial Buildings in Durham, NC by Year Built
- Before 1950
5
- 1950 - 2000
95
- After 2000
63
The data was provided by CommercialEdge and refers to industrial properties larger than 25,000 square feet.
Breakdown of Industrial Space in Durham, NC by Year Built
- Before 1950
302,158 Sq.Ft.
- 1950 - 2000
11,297,111 Sq.Ft.
- After 2000
9,672,970 Sq.Ft.
When weighing the cost-to-quality ratio, consider that several of these factors can work together to balance or offset each other in terms of the final cost to your budget. You can easily reach out to the property listing broker using the contact form available for each listing, to find out more about what each property has to offer.
The Durham, NC Industrial Real Estate Market at a Glance
Industrial real estate in Durham includes a variety of property types, which can suit businesses of different sizes that operate in various industries. The most common types of industrial property anywhere serve either logistics or manufacturing activities and each of them can offer sub-varieties that offer facilities specialized for particular types of handling or storage.
In Durham, the most common industrial property type on the leasing market is Warehouse/Distribution. Currently, you can find 9 such listing(s) in Durham. Listing sizes for this property type start at 3,619 square feet.
The local market is also home to 5 Flex - Industrial listing(s), offering spaces starting at 4,848 square feet.
You will also find R&D - Industrial space here — 1 listing(s). Listing sizes in this category start at 42,876 square feet.
Use Type
No. of Listings
Total Sq.Ft.
Warehouse/Distribution
9
1,503,113
Flex - Industrial
5
66,153
R&D - Industrial
1
42,876
Where You Are Most Likely to Find Industrial Listings in Durham, NC
Similarly to office and retail properties, industrial real estate developments tend to be zoned together, for several reasons that have to do with both benefits to the surrounding communities and benefits to the businesses using the space. In Durham, you will find the highest number of industrial space listings in Research Triangle Park. Use filters at the top of the page to focus on the space or the property size you need, and navigate the interactive map to identify the best location for your business.
Neighborhood
No. of Listings
Total Listings Sq. Ft.
Research Triangle Park
7
256,020
Colonial Village
3
379,000
Wynterfield
2
381,226
Bennet Place
1
13,596