Raleigh West Industrial

Raleigh West

Office Space Market Report

Number of Listings (last 90 days)
21
Median Rate ($/sqft/yr)
$26
Median Size (sqft)
1,580
As of: August 15, 2017

Raleigh West Rates

Most listings are in the $20's per square foot per year. The Raleigh West submarket is experiencing a an increase in rates. In the last 3 months, the median rate went up $2 per sqft per year. That's a 8% rise in rent.

Compared to the rest of the Greater Portland market, the Raleigh West submarket has less expensive rates, so you should have no trouble finding a great deal in this discounted region.

Raleigh West Listing Supply

In the last 90 days, 21 listings have been posted online, which means office spaces most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About 10% of the listings in the Raleigh West are subleases, so you will probably need to sign a longer term lease with the landlord directly. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,580 sqft. Most buildings in this market are close to 1 floors. Most buildings in this market were built in 1974 and are Class B.

Raleigh West Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Waste services is the dominant industry in this area. Commute by public transit is the most popular way to get to work amongst Raleigh West folk. Commuting close to 10 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in Raleigh West.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Raleigh West.
Research