Average Rent for Office Space in Durham, NC
Rents for offices in Durham range between $11 and $70.83 per square foot, with the market-wide average currently at $26.67 per square foot according to the latest listing data.
Learn More About Office Spaces for Rent in Durham, NC
The Durham, NC market currently features 457 distinct office spaces available for lease, totaling approximately 4.4 million square feet.
Local inventory includes subtypes such as General Office with 250 listings, as well as other property types such as Life Sciences and Creative Office.
Available office spaces range from 135 square feet to 260,000 square feet, with an average size of 9,914 square feet, accommodating businesses across various growth stages and operational requirements.
Range
Total Square Feet
Share of Total Office
25k to 50k Sq. Ft.
2,504,455
8.96%
50k to 100k Sq. Ft.
5,840,910
20.9%
100k to 500k Sq. Ft.
13,745,358
49.17%
500k to 1M Sq. Ft.
1,198,809
4.29%
> 1M Sq. Ft.
4,664,066
16.69%
Of the office inventory in Durham, 68 properties were constructed since 2000, typically offering up-to-date amenities.
An additional 143 buildings were developed between 1975 and 2000, while the remaining 31 date prior to 1975.
Durham, NC Office Market Breakdown
The office market in Durham, NC comprises 147 buildings totaling 28.0 million square feet.
Class A and A+ properties make up 56.23% of the office market in Durham, while Class B properties total 35.07% of the market and Class C properties take up the remaining 8.7%.
Range
Total Square Feet
Share of Total Office
Class A
14,473,755
51.78%
Class B
12,134,028
43.41%
Class C
1,345,815
4.81%
The market offers substantial flexibility in space configuration, with spaces reaching up to 260,000 square feet and an average square footage of 9,914 across all spaces located here.
Best Neighborhoods for Office Space in Durham, NC
Durham’s neighborhood with the most office spaces is Research Triangle Park, offering 151 listings currently available.
The neighborhoods with the next largest offerings include Copper Creek with 73 listings, as well as Downtown Durham, which offers a total of 57 listings.
Neighborhood
No. of Listings
Total Sq. Ft.
Research Triangle Park
151
2,339,980
Copper Creek
73
580,769
Downtown Durham
57
613,427
Central Park
23
204,876
The Landing at Southpoint
21
129,262
5826 Fayetteville Road, Folkestone, Durham, NC