Central Raleigh Retail

Central Raleigh

Office Space Market Report

Number of Listings (last 90 days)
40
Median Rate ($/sqft/yr)
$44
Median Size (sqft)
4,730
As of: July 23, 2017

Central Raleigh Rates

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

Central Raleigh Listing Supply

In the last 90 days, 40 listings have come on the market, which means listings might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 148% of the available leases in the Central Raleigh are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,130 sqft. Most properties in this region are around 2 floors. Most buildings in this area were built in 1930 and are Class A.

Central Raleigh Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Professional services is the dominant industry in this market. Commute by walking is the most popular way to get to work amongst Central Raleigh residents. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

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

Market Data

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