Wake County Sublease

Wake County

Office Space Market Report

Number of Listings (last 90 days)
550
Median Rate ($/sqft/yr)
$26
Median Size (sqft)
2,640
As of: May 24, 2017

Wake County Rates

On average, listings lease in the $20's per square foot per year. The Wake County region is experiencing a a rise in rates. In the last 3 months, the median rate rose $1 per sqft per year. That's a 2% increase in rent.

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

Wake County Listing Supply

In the last 90 days, 550 listings have been listed, so you'll want to check back regularly for new listings. About 3% of the office spaces in the Wake County are subleases, so you will probably have to consider a longer term lease. 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 2,700 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this area are close to 2 stories. Most buildings in this market were built in 1996 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