Wake County Sublease

Wake County

Office Space Market Report

Number of Listings (last 90 days)
550
Median Rate ($/sqft/yr)
$31
Median Size (sqft)
2,980
As of: July 19, 2017

Wake County Rates

The typical asking rate per listing is in the $30's per square foot per year. The Wake County submarket is going through a a boost in rates. In the last 3 months, the median rate increased $5 per sqft per year. That's a 18% rise in rent.

Compared to the rest of the The Triangle market, the Wake County region has more expensive 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 made available, so you'll want to check back regularly for new listings. About 66% of the available space in the Wake County are subleases, so you might be able to find a shorter term or below market rent. 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 2,990 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this market are close to 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