Most listings are in the $20's per square foot per year. The Wake County region is going through a decrease in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 5% decline in rent.
Compared to the rest of the The Triangle market, the Wake County submarket has less expensive rates, so you should have no trouble finding a great deal in this undervalued submarket.
In the last 90 days, 3992 listings have been posted online, so you'll want to check back regularly for new listings. About 7% of the listings in the Wake County are subleases, so you will probably have to consider a longer term lease. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
Even though the median size is 3,590 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this area are approximately 2 stories. Most buildings in this region were built in 1995 and are Class B.
Real time and historical data on commercial real estate listings in Wake County.
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