Most listings are in the $30's per square foot per year. The Wade region is experiencing a a rise in rates. In the last 3 months, the median rate increased $34 per sqft per year.
Compared to the rest of the The Triangle market, the Wade region has greater rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 5 listings have been listed, which means spaces might be going fast. You'll want to be prepared to make an offer immediately. About 60% of the available space in the Wade are subleases, so you might be able to snag a great spot on a short term. 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 5,350 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this market are approximately 4 stories. Most buildings in this region were built in 2008 and are Class A.
This area is fairly equally mixed residential and commercial. Finance and insurance are the dominant industries in this area. Most of the residents of Wade work from home. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.