Wake County Industrial

Wake County

Office Space Market Report

Number of Listings (last 90 days)
550
Median Rate ($/sqft/yr)
$30
Median Size (sqft)
3,490
As of: August 19, 2017

Wake County Rates

On average, listings lease in the $20's per square foot per year. The Wake County submarket is going through a decline in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 4% decline in rent.

Compared to the rest of the The Triangle market, the Wake County submarket has greater rates, and you'll need to make a great offer to be in this hot region.

Wake County Listing Supply

In the last 90 days, 550 listings have come on the market, so you'll want to check back regularly for new listings. About 59% of the listings in the Wake County 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 posted, so finding a space for a small business might be tough.

Even though the median size is 3,490 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this region are approximately 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