Research Triangle Park Industrial

We couldn't find any industrial spaces for Lease and Sublease

Research Triangle Park

Office Space Market Report

Number of Listings (last 90 days)
32
Median Rate ($/sqft/yr)
$24
Median Size (sqft)
6,190
As of: July 26, 2017

Research Triangle Park Rates

The typical asking rate per listing is in the $20's per square foot per year. The Research Triangle Park submarket is seeing a decrease in rates. In the last 3 months, the median rate decreased $3 per sqft per year. That's a 10% decline in rent.

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

Research Triangle Park Listing Supply

In the last 90 days, 32 listings have been listed, which means listings are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 47% of the available space in the Research Triangle Park are subleases, so you might be able to sign a shorter term by taking over a previous 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 6,190 sqft, there are still 0 listings below 2,000 sqft. Most properties in this market are approximately 3 stories. Most buildings in this region were built in 1985 and are Class B.

Research Triangle Park Community

Finance and insurance are the dominant industries in this region. Commute by car is the most popular way to get to work amongst Research Triangle Park folk. Commuting around 30 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in Research Triangle Park.
Market Report

Market Data

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