The typical asking rate per listing is in the $20's per square foot per year. The Wake County region is experiencing a decline in rates. In the last 3 months, the median rate fell $3 per sqft per year. That's a 9% decline in rent.
Compared to the rest of the The Triangle market, the Wake County region has smaller rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 3992 listings have been listed, so you'll want to check back regularly for new listings. About 9% 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 posted, 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 around 2 floors. 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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