Wake County Sublease

Wake County

Office Space Market Report

Number of Listings (last 90 days)
237
Median Rate ($/sqft/yr)
$29
Median Size (sqft)
3,170
As of: December 2, 2016

Wake County Rates

The typical asking rate per listing is in the $20's per square foot per year. The Wake County submarket is experiencing a a rise in rates. In the last 3 months, the median rate increased $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, 269 listings have been listed, so you'll want to check back regularly for new listings. About 4% of the available leases 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 3,070 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this area are approximately 2 stories. 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