Raleigh-Durham Retail Space for Rent
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Renting Retail Space in Raleigh-Durham
Retail and storefront spaces in Raleigh-Durham are central to the city’s consumer-driven economy, catering to both local residents and a growing influx of new residents. Lease terms for retail and storefront spaces generally favor medium to long-term commitments, with 3-5 year leases making up 37.59% of deals. Shorter leases of 1-2 years account for 29.57%, indicating a strategic approach to maintaining visibility in high-traffic areas like Fayetteville Street and the Warehouse District. Some businesses prefer even longer commitments of 5+ years, comprising 18.07% of leases, reflecting a desire for stability in key commercial corridors.like Fayetteville Street and the Warehouse District. Some businesses prefer even longer commitments of 5+ years, comprising 18.07% of leases, reflecting a desire for stability in key commercial corridors. As Raleigh-Durham continues to grow, businesses seeking long-term retail positioning in key commercial corridors will find the city’s evolving demographics favorable.
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Suite Rates in Raleigh-Durham
Suite Sizes in Raleigh-Durham
Neighborhood Comparison
| Neighborhood | Average Available SQFT | Average Rate / SQFT PER Month | NUMBER OF AVAILABLE SUITES |
|---|---|---|---|
| Apex | 1,600 | $2.23 / SF | 36 |
| Braggtown | - | - | < 30 |
| Brightleaf | 1,600 | $2.80 / SF | 62 |
| Cameron Village | - | - | < 30 |
| Cary | 1,900 | $2.35 / SF | 100 |
| Chapel Hill | 1,900 | $2.33 / SF | < 30 |
| Clegg | 1,600 | $2.58 / SF | < 30 |
| Downtown Raleigh | 1,600 | $2.10 / SF | < 30 |
| Duke University | 3,200 | $2.02 / SF | < 30 |
| East Raleigh | - | - | < 30 |
| Fayetteville Street | 1,600 | $2.10 / SF | < 30 |
| Glenwood South | 2,200 | $2.05 / SF | < 30 |
| Hillsborough | 2,100 | $1.79 / SF | < 30 |
| Holly Springs | 1,700 | $2.53 / SF | 33 |
| Hope Valley | 4,900 | $1.50 / SF | < 30 |
| Knightdale | - | - | < 30 |
| Millbrook | 1,500 | $2.77 / SF | 43 |
| Morrisville | 1,200 | $2.08 / SF | < 30 |
| North Hills | 1,100 | $2.97 / SF | < 30 |
| North Raleigh | 1,200 | $2.63 / SF | 34 |
| Northeast Raleigh | 1,400 | $1.92 / SF | < 30 |
| Northwest Raleigh | 1,700 | $2.35 / SF | < 30 |
| Old North Durham | 1,700 | $2.79 / SF | 63 |
| Southeast Raleigh | - | - | < 30 |
| Stone Creek Village | 2,100 | $2.08 / SF | < 30 |
| Wake Forest | 1,300 | $1.54 / SF | < 30 |
| Wayne Ridge | 3,400 | $2.71 / SF | < 30 |
| Wellons Village | - | - | < 30 |
| Wilders Grove | - | - | < 30 |
*All data is from sources we deem reliable and is tracked to provide tenants an understanding of market and submarket conditions, however we cannot guarantee accuracy and all data should be confirmed prior to any use in the lease or purchase of real property.