The typical asking rate per listing is in the $20's per square foot per year. The Wake Forest region is going through a a boost in rates. In the last 3 months, the median rate went up $7 per sqft per year. That's a 33% increase in rent.
Compared to the rest of the The Triangle market, the Wake Forest submarket has smaller rates, so you should have no trouble finding a great deal in this depreciated submarket.
In the last 90 days, 145 listings have been made available, so you'll want to check back regularly for new listings. About 3% of the listings in the Wake Forest 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 4,770 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this market are approximately 1 stories. Most buildings in this region were built in 2005 and are Class B.
Real time and historical data on commercial real estate listings in Wake Forest.
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