On average, listings lease in the $10's per square foot per year. The East Raleigh submarket is going through a a boost in rates. In the last 3 months, the median rate went up $16 per sqft per year.
Compared to the rest of the The Triangle market, the East Raleigh region has smaller rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 10 listings have been listed, which means new availabilities might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 10% of the available space in the East Raleigh are subleases, so you will probably have to focus your search on direct office leases. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
Even though the median size is 3,090 sqft, there are still 0 listings below 2,000 sqft. Most properties in this market are around 1 floors. Most buildings in this region were built in 1985 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Real estate is the dominant industry in this market. Commute by walking is the most popular way to get to work amongst East Raleigh folk. Commuting approximately 20 minutes a day is the norm for those who opt to reside in this part of town.