Wake County Office Space

Wake County

Office Space Market Report

Number of Listings (last 90 days)
495
Median Rate ($/sqft/yr)
$26
Median Size (sqft)
2,960
As of: January 19, 2017

Wake County Rates

The typical asking rate per listing is in the $20's per square foot per year. The Wake County submarket is going through a decline in rates. In the last 3 months, the median rate decreased $3 per sqft per year. That's a 11% decrease in rent.

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

Wake County Listing Supply

In the last 90 days, 472 listings have been listed, so you'll want to check back regularly for new listings. About 4% of the available leases in the Wake County are subleases, so you will probably have to focus your search on direct office leases. 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 3,000 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this region are approximately 2 stories. Most buildings in this market were built in 1995 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