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The typical asking rate per commerial real estate listing leases is in the $20's per square foot per year. The Raleigh submarket is experiencing a a rise in rates. In the last 3 months, the median rate for lease rose $2 per sqft per year. That's a 8% rise in rent.
Compared to the rest of the The Triangle commercial real estate market, the Raleigh submarket has higher rates for rent, and you may have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 2546 commercial real estate listings have been posted online, so you'll want to check back regularly for new listings. About 0% of the available commercial real estate space in the Raleigh are subleases, so you will probably have to consider a longer term lease. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
The standard size for office space in this area is around 650 sqft. Most buildings in this area are around 2 floors. Most buildings in this market were built close to 1987 and are Class B.
Real time and historical data on commercial real estate listings in Raleigh.
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