Most listings are in the $30's per square foot per year. The Wade region is experiencing a an increase in rates. In the last 3 months, the median rate rose $1 per sqft per year. That's a 4% increase in rent.
Compared to the rest of the The Triangle market, the Wade submarket has higher rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 5 listings have come on the market, which means office spaces are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. 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 26,790 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this region are approximately 4 floors. Most buildings in this area were built in 2008 and are Class A.
This market is fairly equally mixed residential and commercial. Finance and insurance are the dominant industries in this market. Most of the folk of Wade work from home. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.