Cary Industrial

Cary

Office Space Market Report

Number of Listings (last 90 days)
103
Median Rate ($/sqft/yr)
$31
Median Size (sqft)
5,980
As of: August 17, 2017

Cary Rates

The typical asking rate per listing is in the $30's per square foot per year. The Cary submarket is experiencing a a rise in rates. In the last 3 months, the median rate rose $4 per sqft per year. That's a 15% increase in rent.

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

Cary Listing Supply

In the last 90 days, 103 listings have been listed, so you'll want to check back regularly for new listings. About 68% of the available space in the Cary are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

Even though the median size is 5,400 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this region are close to 2 floors. Most buildings in this region were built in 1998 and are Class B.

Cary Community

Market Report

Trends and status of the commercial real estate market in Cary.
Market Report

Market Data

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

Cary Submarkets