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: July 24, 2017

East Raleigh Rates

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

Compared to the rest of the The Triangle market, the East Raleigh region has smaller 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 spaces might be leasing quickly. 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 sign a shorter term by taking over a previous lease. 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 4,480 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this area are approximately 1 floors. Most buildings in this market 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 region. Commute by walking is the most popular way to get to work amongst East Raleigh folk. Commuting around 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