On average, listings lease in the $20's per square foot per year. The Fuquay-Varina submarket is going through a a boost in rates. In the last 3 months, the median rate went up $7 per sqft per year. That's a 37% increase in rent.
Compared to the rest of the The Triangle market, the Fuquay-Varina region has lower rates, so you should have no trouble finding a great deal in this discounted submarket.
In the last 90 days, 21 listings have come on the market, which means new listings might be leasing quickly. You'll want to be prepared to make an offer immediately. About 10% of the office spaces in the Fuquay-Varina are subleases, so you will probably need to consider the implications of signing a direct lease with the building. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 2,350 sqft. Most buildings in this region are approximately 2 stories. Most buildings in this region were built in 1999 and are Class B.
Real time and historical data on commercial real estate listings in Fuquay-Varina.
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