Wake County Industrial

Wake County

Office Space Market Report

Number of Listings (last 90 days)
551
Median Rate ($/sqft/yr)
$26
Median Size (sqft)
3,140
As of: February 22, 2017

Wake County Rates

The typical asking rate per listing is in the $20's per square foot per year. The Wake County region is going through a decrease in rates. In the last 3 months, the median rate fell $2 per sqft per year. That's a 7% decline in rent.

Compared to the rest of the The Triangle market, the Wake County submarket has lower rates, so you should have no trouble finding a great deal in this undervalued region.

Wake County Listing Supply

In the last 90 days, 526 listings have been posted online, so you'll want to check back regularly for new listings. About 5% of the listings in the Wake County are subleases, so you will probably have to focus your search on direct office leases. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

Even though the median size is 3,110 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this area are close to 2 floors. Most buildings in this market were built in 1995 and are Class B.

Wake County Community

Market Report

Trends and status of the commercial real estate market in Wake County.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Wake County.
Research