Wake Forest Sublease

Wake Forest

Office Space Market Report

Number of Listings (last 90 days)
20
Median Rate ($/sqft/yr)
$25
Median Size (sqft)
990
As of: February 24, 2017

Wake Forest Rates

Most listings are in the $20's per square foot per year. The Wake Forest submarket is going through a an increase in rates. In the last 3 months, the median rate rose $3 per sqft per year. That's a 12% increase in rent.

Compared to the rest of the The Triangle market, the Wake Forest region has less expensive rates, so you should have no trouble finding a great deal in this undervalued region.

Wake Forest Listing Supply

In the last 90 days, 20 listings have come on the market, which means leases might be leasing quickly. You'll want to be prepared to make an offer immediately. About 10% of the office spaces in the Wake Forest 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.

The standard measurement for office space in this area is around 990 sqft. Most properties in this area are close to 1 stories. Most buildings in this market were built in 2007 and are Class B.

Wake Forest Community

Market Report

Trends and status of the commercial real estate market in Wake Forest.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Wake Forest.
Research

Franklin County Submarkets