Wade Sublease

Wade

Office Space Market Report

Number of Listings (last 90 days)
5
Median Rate ($/sqft/yr)
$34
Median Size (sqft)
5,350
As of: June 23, 2017

Wade Rates

On average, listings lease in the $30's per square foot per year. The Wade region is going through a a boost in rates. In the last 3 months, the median rate increased $34 per sqft per year.

Compared to the rest of the The Triangle market, the Wade submarket has higher rates, and you'll have to negotiate above asking rent to be in this hot submarket.

Wade Listing Supply

In the last 90 days, 5 listings have come on the market, which means office spaces might be going fast. You'll want to be prepared to make an offer immediately. About 60% of the office spaces in the Wade are subleases, so you might be able to snag a great spot on a short term. 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 5,350 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this region are close to 4 stories. Most buildings in this area were built in 2008 and are Class A.

Wade Community

This market is fairly equally mixed residential and commercial. Finance and insurance are the dominant industries in this market. Most of the folk of Wade work from home. Commuting more than an hour and a half 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 Wade.
Market Report

Market Data

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