Wake County Sublease

Wake County

Office Space Market Report

Number of Listings (last 90 days)
481
Median Rate ($/sqft/yr)
$26
Median Size (sqft)
3,000
As of: January 23, 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 decrease in rates. In the last 3 months, the median rate fell $3 per sqft per year. That's a 11% decrease in rent.

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

Wake County Listing Supply

In the last 90 days, 495 listings have been listed, so you'll want to check back regularly for new listings. About 4% of the office spaces in the Wake County are subleases, so you will probably have to focus your search on direct office leases. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

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