Wake Forest Sublease

Wake Forest

Office Space Market Report

Number of Listings (last 90 days)
9
Median Rate ($/sqft/yr)
$22
Median Size (sqft)
4,000
As of: December 7, 2016

Wake Forest Rates

On average, listings lease in the $20's per square foot per year. The Wake Forest submarket is going through a a rise in rates. In the last 3 months, the median rate rose $1 per sqft per year. That's a 3% rise in rent.

Compared to the rest of the The Triangle market, the Wake Forest submarket 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, 7 listings have been listed, which means leases most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. About 14% of the available leases in the Wake Forest are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 8,000 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this region are approximately 1 stories. Most buildings in this area 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