Northeast Raleigh Retail

Northeast Raleigh

Office Space Market Report

Number of Listings (last 90 days)
21
Median Rate ($/sqft/yr)
$29
Median Size (sqft)
3,440
As of: December 4, 2016

Northeast Raleigh Rates

Most listings are in the $20's per square foot per year. The Northeast Raleigh region is seeing a a rise in rates. In the last 3 months, the median rate increased $1 per sqft per year. That's a 5% rise in rent.

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

Northeast Raleigh Listing Supply

In the last 90 days, 21 listings have been listed, which means office spaces most likley are going fast. 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.

Even though the median size is 3,440 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this market are around 2 stories. Most buildings in this market were built in 1988 and are Class B.

Northeast Raleigh Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Information is the dominant industry in this region. Commute by public transit is the most popular way to get to work amongst Northeast Raleigh folk. Commuting under 5 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 Northeast Raleigh.
Market Report

Market Data

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