Wake Forest Industrial

Wake Forest

Office Space Market Report

Number of Listings (last 90 days)
24
Median Rate ($/sqft/yr)
$21
Median Size (sqft)
2,390
As of: May 22, 2017

Wake Forest Rates

Most listings are in the $20's per square foot per year. The Wake Forest region is experiencing a decline in rates. In the last 3 months, the median rate fell $3 per sqft per year. That's a 14% decline in rent.

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

Wake Forest Listing Supply

In the last 90 days, 24 listings have been posted online, which means spaces might be going fast. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 2,390 sqft. Most buildings in this region are approximately 1 stories. Most buildings in this market 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