Most listings are in the $30's per square foot per year. The Southwest Raleigh region is going through a a boost in rates. In the last 3 months, the median rate rose $1 per sqft per year. That's a 4% increase in rent.
Compared to the rest of the The Triangle market, the Southwest Raleigh submarket has higher rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 54 listings have come on the market, so you'll want to check back regularly for new listings. About 4% of the available space in the Southwest 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 4,390 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this region are approximately 3 stories. Most buildings in this area were built in 1998 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Utilities is the dominant industry in this area. Commute by motorcycle is the most popular way to get to work amongst Southwest Raleigh occupants. Commuting under 5 minutes a day is the norm for those who opt to reside in this part of town.