Raleigh Retail

Raleigh

Office Space Market Report

Number of Listings (last 90 days)
302
Median Rate ($/sqft/yr)
$28
Median Size (sqft)
2,940
As of: July 27, 2017

Raleigh Rates

Most listings are in the $30's per square foot per year. The Raleigh submarket is experiencing a a rise in rates. In the last 3 months, the median rate increased $6 per sqft per year. That's a 22% increase in rent.

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

Raleigh Listing Supply

In the last 90 days, 302 listings have come on the market, so you'll want to check back regularly for new listings. About 77% of the listings in the Raleigh are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 2,310 sqft. Most properties in this market are close to 2 floors. Most buildings in this market were built in 1986 and are Class B.

Raleigh Community

Market Report

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

Market Data

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