East Raleigh Office Space

East Raleigh

Office Space Market Report

Number of Listings (last 90 days)
11
Median Rate ($/sqft/yr)
$16
Median Size (sqft)
4,480
As of: August 21, 2017

East Raleigh Rates

Most listings are in the $10's per square foot per year. The East Raleigh submarket is going through a a boost in rates. In the last 3 months, the median rate went up $16 per sqft per year.

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

East Raleigh Listing Supply

In the last 90 days, 11 listings have been posted online, which means leases are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 27% of the listings in the East Raleigh are subleases, so you might be able to find a shorter term or below market rent. 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 4,480 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this area are close to 1 floors. Most buildings in this area were built in 1995 and are Class B.

East Raleigh Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Real estate is the dominant industry in this market. Commute by walking is the most popular way to get to work amongst East Raleigh folk. Commuting approximately 20 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 East Raleigh.
Market Report

Market Data

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