The typical asking rate per listing is in the $10's per square foot per year. The Durham region is experiencing a a boost in rates. In the last 3 months, the median rate increased $16 per sqft per year.
In the last 90 days, 5 listings have come on the market, which means leases most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,200 sqft. Most buildings in this area were built in 1978.
Real time and historical data on commercial real estate listings in Durham.
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