Northwest Raleigh Industrial

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

Northwest Raleigh

Office Space Market Report

Number of Listings (last 90 days)
34
Median Rate ($/sqft/yr)
$27
Median Size (sqft)
1,550
As of: May 30, 2017

Northwest Raleigh Rates

The typical asking rate per listing is in the $20's per square foot per year. The Northwest Raleigh region is going through a a boost in rates. In the last 3 months, the median rate went up $2 per sqft per year. That's a 8% rise in rent.

Compared to the rest of the The Triangle market, the Northwest Raleigh region has more expensive rates, and you'll need to pay a premium to be in this hot region.

Northwest Raleigh Listing Supply

In the last 90 days, 34 listings have been made available, which means leases are probably going fast. You'll want to be prepared to make an offer immediately. About 6% of the available space in the Northwest Raleigh are subleases, so you will probably need to consider the implications of signing a direct lease with the building. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 2,200 sqft. Most properties in this region are around 3 stories. Most buildings in this market were built in 1988 and are Class B.

Northwest 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 area. Commute by taxi is the most popular way to get to work amongst Northwest Raleigh folk. 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 Northwest Raleigh.
Market Report

Market Data

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