Cary Retail

Cary

Office Space Market Report

Number of Listings (last 90 days)
767
Median Rate ($/sqft/yr)
$31
Median Size (sqft)
5,940
As of: August 22, 2017

Cary Rates

The typical asking rate per listing is in the $30's per square foot per year. The Cary region is going through a an increase in rates. In the last 3 months, the median rate increased $4 per sqft per year. That's a 15% increase in rent.

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

Cary Listing Supply

In the last 90 days, 103 listings have come on the market, so you'll want to check back regularly for new listings. About 62% of the available space in the Cary are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

Even though the median size is 5,980 sqft, there are still 0 leases below 2,000 sqft. Most properties in this area are around 2 floors. Most buildings in this market were built in 1998 and are Class B.

Cary Community

Market Report

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

Market Data

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