Northeast Raleigh Industrial

Northeast Raleigh

Office Space Market Report

Number of Listings (last 90 days)
23
Median Rate ($/sqft/yr)
$29
Median Size (sqft)
3,680
As of: December 9, 2016

Northeast Raleigh Rates

The typical asking rate per listing is in the $20's per square foot per year. The Northeast Raleigh submarket is going through a a rise in rates. In the last 3 months, the median rate went up $1 per sqft per year. That's a 5% rise in rent.

Compared to the rest of the The Triangle market, the Northeast Raleigh submarket has higher rates, and you'll need to make a great offer to be in this hot submarket.

Northeast Raleigh Listing Supply

In the last 90 days, 21 listings have been posted online, which means spaces most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. 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 3,440 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this region are around 2 floors. Most buildings in this area were built in 1988 and are Class B.

Northeast Raleigh Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Information is the dominant industry in this region. Commute by public transit is the most popular way to get to work amongst Northeast Raleigh residents. Commuting under 5 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 Northeast Raleigh.
Market Report

Market Data

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