Wake Forest Industrial

Wake Forest

Office Space Market Report

Number of Listings (last 90 days)
11
Median Rate ($/sqft/yr)
$23
Median Size (sqft)
3,300
As of: January 21, 2017

Wake Forest Rates

Most listings are in the $20's per square foot per year. The Wake Forest region is experiencing a a rise in rates. In the last 3 months, the median rate went up $1 per sqft per year. That's a 3% increase in rent.

Compared to the rest of the The Triangle market, the Wake Forest region has less expensive rates, so you should have no trouble finding a great deal in this discounted submarket.

Wake Forest Listing Supply

In the last 90 days, 11 listings have been posted online, which means leases might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 18% of the available space in the Wake Forest 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 available, so finding a space for a small business might be tough.

Even though the median size is 3,300 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this area are approximately 1 stories. Most buildings in this area were built in 2007 and are Class B.

Wake Forest Community

Market Report

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

Market Data

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

Franklin County Submarkets