Central Raleigh Retail

Central Raleigh

Office Space Market Report

Number of Listings (last 90 days)
40
As of: April 22, 2017

Central Raleigh Rates

Most listings are in the $0's per square foot per year. The Central Raleigh submarket is seeing a decline in rates. In the last 3 months, the median rate fell $36 per sqft per year. That's a 100% decline in rent.

Central Raleigh Listing Supply

In the last 90 days, 40 listings have come on the market, which means new listings might be leasing quickly. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around  sqft. Most buildings in this area are around 2 stories. Most buildings in this market 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