Wake County Office Space

Wake County

Office Space Market Report

Number of Listings (last 90 days)
Median Rate ($/sqft/yr)
Median Size (sqft)
As of: October 25, 2016

Wake County Rates

The typical asking rate per listing is 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 rose $1 per sqft per year. That's a 5% rise in rent.

Compared to the rest of the The Triangle market, the Wake County region has greater rates, and you'll need to make a great offer to be in this hot region.

Wake County Listing Supply

In the last 90 days, 273 listings have been posted online, 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 3,170 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this region are approximately 2 floors. Most buildings in this area 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.