Raleigh Office Space

Raleigh

Office Space Market Report

Number of Listings (last 90 days)
302
Median Rate ($/sqft/yr)
$26
Median Size (sqft)
2,590
As of: March 12, 2017

Raleigh Rates

The typical asking rate per listing is in the $20's per square foot per year. The Raleigh region is seeing a decline in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 3% decline in rent.

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

Raleigh Listing Supply

In the last 90 days, 302 listings have been made available, so you'll want to check back regularly for new listings. About 4% of the listings in the Raleigh are subleases, so you will probably have to consider a longer term lease. 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 2,590 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this market are close to 2 stories. Most buildings in this market were built in 1986 and are Class B.

Raleigh Community

Market Report

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

Market Data

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