One City Plaza — Lease in Raleigh, NC

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Office
  • Location: Raleigh, NC 27601

Description

One City Plaza is one of Downtown Raleigh’s most recognized class A towers. It is located adjacent to the Raleigh Convention Center, Marriott City Center, and Duke Energy Performing Arts Center on downtown’s prominent Fayetteville Street.

Market Context

This office in Raleigh, NC is listed for lease. It has been on the market for 195 days. Compare it against other office listings for lease in Raleigh, NC — view the full market.

As of Q1 2026, the Raleigh office market showed a 1.9% vacancy rate, and average asking rents near $5.00/SF/yr. Source: multiple brokerage reports, Q1 2026.

Tight vacancy keeps competition for quality space elevated.

Office market FAQ

Is the Raleigh office market tightening or softening?
Vacancy is around 1.9% (Q1 2026).

Estimated Market Rate

$3.65/SF/mo – $4.93/SF/mo

Mid: $4.29/SF/mo

Rate-first confidence-weighted blend with cost-of-business adjustment.

Based on comparable properties in similar markets rather than local sales.

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