East Raleigh Industrial

East Raleigh

Office Space Market Report

Number of Listings (last 90 days)
10
Median Rate ($/sqft/yr)
$16
Median Size (sqft)
3,090
As of: January 17, 2017

East Raleigh Rates

Most listings are in the $10's per square foot per year. The East Raleigh region is experiencing a a boost in rates. In the last 3 months, the median rate rose $16 per sqft per year.

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

East Raleigh Listing Supply

In the last 90 days, 10 listings have been listed, which means listings most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 10% of the office spaces in the East Raleigh are subleases, so you will probably need to sign a longer term lease with the landlord directly. 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 3,090 sqft, there are still 0 listings below 2,000 sqft. Most properties in this area are around 1 stories. Most buildings in this market were built in 1985 and are Class B.

East Raleigh Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Real estate is the dominant industry in this market. Commute by walking is the most popular way to get to work amongst East Raleigh folk. Commuting around 20 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 East Raleigh.
Market Report

Market Data

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