Cary Retail

Cary

Office Space Market Report

Number of Listings (last 90 days)
34
Median Rate ($/sqft/yr)
$28
Median Size (sqft)
2,780
As of: December 2, 2016

Cary Rates

On average, listings lease in the $20's per square foot per year. The Cary region is going through a a rise in rates. In the last 3 months, the median rate increased $0 per sqft per year. That's a 1% increase in rent.

Compared to the rest of the The Triangle market, the Cary submarket has higher rates, and you'll need to pay a premium to be in this hot submarket.

Cary Listing Supply

In the last 90 days, 35 listings have been made available, which means new availabilities are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 3% of the listings in the Cary are subleases, so you will probably need to sign a longer term lease with the landlord directly. 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 2,780 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this market are close to 2 stories. Most buildings in this market were built in 1998 and are Class A.

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

Cary Submarkets