Wake County Office Space

Wake County

Office Space Market Report

Number of Listings (last 90 days)
550
Median Rate ($/sqft/yr)
$26
Median Size (sqft)
2,640
As of: May 24, 2017

Wake County Rates

Most listings are in the $20's per square foot per year. The Wake County submarket is seeing a a boost in rates. In the last 3 months, the median rate increased $1 per sqft per year. That's a 2% increase in rent.

Compared to the rest of the The Triangle market, the Wake County submarket has greater rates, and you'll have to negotiate above asking rent to be in this hot region.

Wake County Listing Supply

In the last 90 days, 550 listings have been made available, so you'll want to check back regularly for new listings. About 4% of the available space in the Wake County are subleases, so you will probably need to consider the implications of signing a direct lease with the building. 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 2,640 sqft, there are still 0 leases below 2,000 sqft. Most properties in this area are close to 2 floors. Most buildings in this area were built in 1996 and are Class B.

Wake County Community

Market Report

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

Market Data

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