Raleigh West Retail

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Raleigh West

Office Space Market Report

Number of Listings (last 90 days)
18
Median Rate ($/sqft/yr)
$20
Median Size (sqft)
1,810
As of: February 19, 2017

Raleigh West Rates

Most listings are in the $20's per square foot per year. The Raleigh West submarket is going through a a boost 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 Greater Portland market, the Raleigh West region has lower rates, so you should have no trouble finding a great deal in this undervalued region.

Raleigh West Listing Supply

In the last 90 days, 18 listings have been listed, which means office spaces are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. 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 1,810 sqft. Most buildings in this region are approximately 1 stories. Most buildings in this market were built in 1987 and are Class B.

Raleigh West Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Waste services is the dominant industry in this area. Commute by public transit is the most popular way to get to work amongst Raleigh West occupants. Commuting around 10 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 Raleigh West.
Market Report

Market Data

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