Wake County Sublease

Wake County

Office Space Market Report

Number of Listings (last 90 days)
535
Median Rate ($/sqft/yr)
$26
Median Size (sqft)
3,180
As of: February 26, 2017

Wake County Rates

Most listings are in the $20's per square foot per year. The Wake County region is experiencing a decline in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 5% decline in rent.

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

Wake County Listing Supply

In the last 90 days, 536 listings have come on the market, so you'll want to check back regularly for new listings. About 4% of the listings 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 available, so finding a space for a small business might be tough.

Even though the median size is 3,200 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this region are approximately 2 floors. Most buildings in this market 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