Wake County Retail

Wake County

Office Space Market Report

Number of Listings (last 90 days)
550
Median Rate ($/sqft/yr)
$30
Median Size (sqft)
2,940
As of: June 26, 2017

Wake County Rates

On average, listings lease in the $20's per square foot per year. The Wake County region is going through a an increase in rates. In the last 3 months, the median rate went up $28 per sqft per year.

Compared to the rest of the The Triangle market, the Wake County region has less expensive rates, so you should have no trouble finding a great deal in this discounted submarket.

Wake County Listing Supply

In the last 90 days, 550 listings have come on the market, so you'll want to check back regularly for new listings. About 69% of the listings in the Wake County 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 posted, so finding a space for a small business might be tough.

Even though the median size is 2,510 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this area are around 2 stories. Most buildings in this region were built in 1995 and are Class B.

Wake County Community

Market Report

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

Market Data

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