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400 Commercial Real Estate Listings in Raleigh, NC

  • 8024 Glenwood Avenue - Raleigh
    8024 Glenwood Avenue, Northwest Woods, Raleigh, NC 27612
    For Lease $16.95/Sqft/Year
    Property
    • Office
    Availability
    • 2 Spaces
    • 2,318 Sqft
  • Colonnade II - Raleigh
    8510 Colonnade Center Drive, Summerfield North, Raleigh, NC 27615
    Contact for pricing
    Property
    • Office
    Availability
    • 1 Space
    • 4,722 Sqft
  • Somerset Place - Raleigh
    4515 Falls of Neuse Road, Hickory Hills, Raleigh, NC 27609
    Contact for pricing
    Property
    • Office
    Availability
    • 3 Spaces
    • 14,625 Sqft
  • Venture II & Venture Place - Raleigh
    920 Main Campus Drive, North Shore, Raleigh, NC 27606
    For Lease $36/Sqft/Year
    Property
    • Office
    Availability
    • 3 Spaces
    • 10,113 Sqft
  • Rexview Professional Plaza - Raleigh
    2501 Atrium Drive, Ilda Ray Harrison, Raleigh, NC 27607
    For Lease $21.95/Sqft/Year
    Property
    • Office
    Availability
    • 1 Space
    • 1,701 Sqft
  • Grove Towers - Raleigh
    1110 Navaho Drive, Eastgate, Raleigh, NC 27609
    For Lease $18 - $22/Sqft/Year
    Property
    • Office
    Availability
    • 9 Spaces
    • 14,990 Sqft
  • Horizon I, II & IV - Raleigh
    7701 Six Forks Road, Six Forks North, Raleigh, NC 27615
    For Lease $23/Sqft/Year
    Property
    • Office
    Availability
    • 2 Spaces
    • 8,088 Sqft
  • 7200 Creedmoor Road - Raleigh
    7200 Creedmoor Road, Stonehenge, Raleigh, NC 27613
    For Lease $25.5/Sqft/Year
    Property
    • Office
    Availability
    • 1 Space
    • 4,848 Sqft
  • One City Plaza - Raleigh
    421 Fayetteville Street, Downtown Raleigh, Raleigh, NC 27601
    For Lease $31 - $32/Sqft/Year
    Property
    • Office
    Availability
    • 5 Spaces
    • 17,139 Sqft
  • GlenLake Four - Raleigh
    4141 Parklake Avenue, Carnegie Park, Raleigh, NC 27612
    For Lease $31/Sqft/Year
    Property
    • Office
    Availability
    • 2 Spaces
    • 18,339 Sqft
  • Somerset Corporate Center - Raleigh
    4505 Falls of Neuse Road, Hickory Hills, Raleigh, NC 27609
    For Lease $24/Sqft/Year
    Property
    • Office
    Availability
    • 2 Spaces
    • 7,916 Sqft
  • The Landmark at North Hills - Raleigh
    4601 Six Forks Road, North Hills, Raleigh, NC 27609
    For Lease $28/Sqft/Year
    Property
    • Office
    Availability
    • 1 Space
    • 2,812 Sqft
  • Durant Medical Center - Raleigh
    10880 Durant Road, Ravens Ridge, Raleigh, NC 27614
    For Lease $29.25/Sqft/Year
    Property
    • Office
    Availability
    • 2 Spaces
    • 8,255 Sqft
  • Centerview III - Raleigh
    5565 Centerview Drive, Lakeview, Raleigh, NC 27606
    For Lease $23.5/Sqft/Year
    Property
    • Office
    Availability
    • 3 Spaces
    • 22,405 Sqft
  • Forum I - Raleigh
    8601 Six Forks Road, Carriages at Allyns Landing, Raleigh, NC 27615
    For Lease $27.95/Sqft/Year
    Property
    • Office
    Availability
    • 3 Spaces
    • 25,288 Sqft
  • 4800 North Park - Raleigh
    4800 Falls of Neuse Road, Brook Forest, Raleigh, NC 27609
    For Lease $25.5/Sqft/Year
    Property
    • Office
    Availability
    • 4 Spaces
    • 41,103 Sqft
  • BB&T/Two Hannover Square - Raleigh
    434 Fayetteville Street, Downtown Raleigh, Raleigh, NC 27601
    For Lease $29/Sqft/Year
    Property
    • Office
    Availability
    • 7 Spaces
    • 25,005 Sqft
  • Rexwoods Center I, II, III & IV - Raleigh
    4325 Lake Boone Trail, Meredith Woods, Raleigh, NC 27607
    For Lease $29/Sqft/Year
    Property
    • Office
    Availability
    • 2 Spaces
    • 9,879 Sqft
  • Harden Road Professional Center - Raleigh
    3633 Harden Road, Meredith Woods, Raleigh, NC 27607
    For Lease $22/Sqft/Year
    Property
    • Office
    Availability
    • 5 Spaces
    • 16,223 Sqft
  • Brier Creek Medical Park I - Raleigh
    10208 Cerny Street, Brier Creek, Raleigh, NC 27617
    For Lease $22.5/Sqft/Year
    Property
    • Office
    Availability
    • 1 Space
    • 2,728 Sqft
  • Somerset Park - Raleigh
    4401 Bland Road, Hickory Hills, Raleigh, NC 27609
    For Lease $22/Sqft/Year
    Property
    • Office
    Availability
    • 3 Spaces
    • 93,456 Sqft
  • Charter Square - Raleigh
    555 Fayetteville Street, Downtown Raleigh, Raleigh, NC 27601
    For Lease $36/Sqft/Year
    Property
    • Office
    Availability
    • 2 Spaces
    • 6,789 Sqft
  • Campus North - Raleigh
    805 Spring Forest Road, Ashebrook, Raleigh, NC 27609
    For Lease $18.5 - $23/Sqft/Year
    Property
    • Office
    Availability
    • 10 Spaces
    • 21,928 Sqft
  • Arena Centre - Raleigh
    1511 Sunday Drive, Trinity Park, Raleigh, NC 27607
    For Lease $27.5/Sqft/Year
    Property
    • Office
    Availability
    • 2 Spaces
    • 4,051 Sqft
  • Briggs Hardware Building - Raleigh
    220 Fayetteville Street, Downtown Raleigh, Raleigh, NC 27601
    For Lease $25/Sqft/Year
    Property
    • Office
    Availability
    • 1 Space
    • 5,700 Sqft

Raleigh, NC Commercial Real Estate

There are currently 400 commercial listings available in Raleigh, NC. These listings include 346 commercial spaces that encompass a total of 3,563,570 square feet. Available commercial spaces in Raleigh, NC range in size from 281 square feet to 385,242 square feet. A total of 275 off-market commercial properties located in Raleigh, NC are also available for research.

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Raleigh, NC Economic Overview

Location Photo

Also known as the “City of Oaks” due to the abundant number of oak trees, Raleigh is one of the nation’s hidden treasures that almost seems to go un-noticed. However, it is one of the fastest growing cities in the U.S.A., with a population of roughly 459,000. It is especially well-known for attracting some of the brightest minds in science and technology, as several research centers have opened up and created new jobs in both sectors. The large presence of educated and well-accomplished workers adds a lot of value to the Raleigh commercial real estate market.

One of the most signature aspects of Raleigh is that it is part of the “Research Triangle”, a national research park that specializes in biotechnology research and hi-tech innovation. Many of the largest and most profitable sectors in the city also happen to be the ones that are most immune to recession as they will always be in high demand. Seeing as Raleigh was the #1 ranked place for business and growth by Forbes Magazine in 2015, it is safe to say that its economy will continue to boom for the foreseeable future.

Raleigh, NC Commercial Real Estate Market

The Raleigh office space market is seeing an interesting trend in which the asking prices for office spaces have increased and the number of available listings for industrial and retail properties have gone down in the past two years. This can be explained by the rapid expansion of local companies combined with the migration of several newer companies that want to take advantage of the booming workforce in Raleigh.

Downtown (Old Raleigh) has had nearly $3 billion invested in the development and expansion of several properties that include businesses, offices, hotels and stores. Projections show that a grand total of 4 million square feet will be added to the downtown area, with a million square feet going exclusively towards new office space. Tech company Red Hat moved 630 of its employees to occupy Downtown Raleigh office space in 2002, and many more enterprises have followed suit since then.

North Raleigh can be described as the ‘best of both worlds’. On the one hand, the North Raleigh office market contains over 100,000 square feet of rentable office space and millions of square feet taken up by major retailers like JC Penney and Millar. On the flip side, the presence of two 18-hole golf courses attracts many affluent individuals who will happily purchase the multi-million dollar homes located right beside them. Business and pleasure are mixed together in this prestigious part of the city.

South Raleigh has been ignored with respect to the construction and development of commercial office space due to several development regulations. However, with several new investments from various medium businesses, the South Raleigh office market could look more promising in the near future, as it aims to blend in with the infrastructure of Downtown Raleigh.

East Raleigh is largely a residential area in which buyers can find generally lower priced homes. Small mom & pop shops, along with the WakeMed Raleigh Campus, are the only real properties that take up any noticeable East Raleigh office space in this region of the city.

The West Raleigh office market primarily includes the fine arts and education, with little in the way of retail or business. It is also home to the prestigious North Carolina State University in which students can get a well-rounded education and qualify themselves for the job opportunities available in busier sections of Raleigh. Overall, you can expect to find several smaller-name amenities concentrated in this neighborhood.

Raleigh, NC Office Sales Volume

Data provided by Yardi Matrix, for properties larger than 50K SF, which sold at over $5M.

Raleigh, NC Office Transactions

Data provided by Yardi Matrix, for properties larger than 50K SF, which sold at over $5M.

Raleigh, NC Commercial Inventory Breakdown

Office Spaces

Total: 33,324,325 SF

Data provided by Yardi Matrix, properties over 50k SF, includes office with retail

By square footage range:

  • 50k to 100k SF: 8,176,109 SF / 24.53% of total office
  • 100k to 500k SF: 21,086,339 SF / 63.28% of total office
  • 500k to 1M SF: 1,106,777 SF / 3.32% of total office
  • > 1M SF: 2,955,100 SF / 8.87% of total office

By class:

  • Class A+: 336,834 SF / 1.01% of total office
  • Class A: 16,755,229 SF / 50.28% of total office
  • Class B: 8,033,410 SF / 24.11% of total office
  • Class C: 1,366,474 SF / 4.1% of total office

Industrial

Total: 2,001,530 SF

Data provided by Yardi Matrix, properties over 50k SF

By square footage range:

  • 50k to 100k SF: 83,000 SF / 4.15% of total industrial
  • 100k to 500k SF: 1,918,530 SF / 95.85% of total industrial

By class:

  • Class A: 248,921 SF / 12.44% of total industrial

Employment in Raleigh, NC

Employment

Raleigh boasts a low unemployment rate of 4.30% (vs. the national average of 5.20%) and a stunning job growth rate of 3.48%, making it one of the most prosperous economies in the country. In particular, the most abundant sectors are government, science, healthcare, sales and materials transportation. Numerous logistics systems allow for the easy and effortless transportation of materials in and out of the city. Therefore, Raleigh is transforming into a hotbed for job opportunities. This is particularly attractive for anyone who is looking for new employment with competitive salaries and direct connections to powerful research facilities.

Education in Raleigh, NC

Raleigh is home to well over 50 schools that provide top-rate primary and second education to growing students, and 12 post-secondary institutes that offer a diverse range of specialties and trades to young people. North Carolina State University has received hundreds of millions of dollars in external funding for research, allowing them to train students with the skillset needed to immediately jump into the workforce. Unsurprisingly, engineering and science are the most popular programs and graduates have no problem finding employment within the “Research Triangle”.

Commuting Time in Raleigh, NC

The average one-way commute time within Raleigh is 24 minutes, with a great majority of the citizens using their own vehicles to travel to work. A well-designed highway system allows for nearby outsiders and locals to travel around the city with ease and comfort, such that congestion is usually a non-issue, except for rush hours. Although there are numerous public transit systems offered by the city, statistics show that only 1% of Raleigh’s citizens regularly use them.

Raleigh Demographics

Population

  • Total Population457,159
  • Male Population(48.4 %) 221,234
  • Female Population(51.6 %) 235,925
  • Median Age33.20

Income/Financial

  • Average Household Income$90,550
  • Median Household Income$63,891
  • Median Income Under 25$34,445
  • Median Income 25-44$67,308
  • Median Income 45-64$73,327
  • Median Income Over 65$52,374

News

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