City Center Retail

City Center

Market Report

Number of Listings
Posted in the last 90 days
6
Median Rate ($/sqft/yr)
$35
Median Size (sqft)
4,600

Compared to the rest of the The Triangle market, the City Center submarket has higher rates, and you'll have to negotiate above asking rent to be in this hot region.

City Center Listing Supply

In the last 90 days, 65 listings have come on the market, so you'll want to check back regularly for new listings. About 9% of the listings in the City Center 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 4,600 sqft, there are still 0 listings below 2,000 sqft. Most properties in this area are approximately 7 floors. Most buildings in this market were built in 1973 and are Class A.

City Center Community

Wholesale trade is the dominant industry in this area. Commute by public transit is the most popular way to get to work amongst City Center residents. Commuting around 20 minutes a day is the norm for those who opt to reside in this part of town.

Market Data

Real time and historical data on commercial real estate listings in City Center.
Research