Raleigh Commercial Real Estate

800 N Person St - Entire Building Central Raleigh, Raleigh, NC HVAC
Sep 26
12,140
sqft
For Sale Office Medical Retail Restaurant

Raleigh

Market Report

Number of Listings
Posted in the last 90 days
14
Median Rate ($/sqft/yr)
$26
Median Size (sqft)
2,900

Raleigh Rates

On average, listings lease in the $20's per square foot per year. The Raleigh submarket is seeing a decrease in rates. In the last 3 months, the median rate decreased $4 per sqft per year. That's a 13% decrease in rent.

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

Raleigh Listing Supply

In the last 90 days, 2546 listings have come on the market, so you'll want to check back regularly for new listings. About 9% of the available leases 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 posted, so finding a space for a small business might be tough.

Even though the median size is 2,970 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this area are around 2 stories. Most buildings in this area were built in 1986 and are Class B.

Raleigh Community

Market Data

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