Northeast Raleigh Commercial Real Estate

2210 E Millbrook Rd - Unit 117 Raleigh, NC server room, break area, and open work room
Sep 13
1,500
sqft
Mixed Use Office Retail
2210 E Millbrook Rd - 3 Spaces Raleigh, NC cold dark shell
Sep 13
1,200 - 1,500
sqft
Mixed Use Office
3125 Poplarwood Ct - Unit G105 Raleigh, NC shared conference rooms
Aug 18
1,230
sqft
Office
3101 Stonybrook Dr - Unit 140 Northeast Raleigh, Raleigh, NC HVAC
May 25
1,500
sqft
Industrial Office
2231 E Millbrook Rd - Unit 121 Raleigh, NC kitchenette
Apr 14
1,200
sqft
Office Retail Mixed Use

Northeast Raleigh

Market Report

Number of Listings
Posted in the last 90 days
12
Median Rate ($/sqft/yr)
$25
Median Size (sqft)
2,000

Northeast Raleigh Rates

Most listings are in the $20's per square foot per year. The Northeast Raleigh submarket is experiencing a decrease in rates. In the last 3 months, the median rate decreased $7 per sqft per year. That's a 21% decline in rent.

Compared to the rest of the The Triangle market, the Northeast Raleigh region has less expensive rates, so you should have no trouble finding a great deal in this discounted submarket.

Northeast Raleigh Listing Supply

In the last 90 days, 281 listings have come on the market, so you'll want to check back regularly for new listings. About 5% of the office spaces in the Northeast Raleigh are subleases, so you will probably have to focus your search on direct office leases. 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 5,880 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this market are approximately 2 stories. Most buildings in this area were built in 1988 and are Class B.

Northeast Raleigh Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Information is the dominant industry in this area. Commute by public transit is the most popular way to get to work amongst Northeast Raleigh occupants. Commuting under 5 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 Northeast Raleigh.
Research