The typical asking rate per listing is in the $30's per square foot per year. The Cary region is seeing a a rise in rates. In the last 3 months, the median rate increased $3 per sqft per year. That's a 12% rise in rent.
Compared to the rest of the The Triangle market, the Cary submarket has more expensive rates, and you'll need to pay a premium to be in this hot region.
In the last 90 days, 767 listings have been made available, so you'll want to check back regularly for new listings. About 7% of the available space in the Cary 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.
Even though the median size is 5,260 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this market are around 2 floors. Most buildings in this market were built in 1998 and are Class B.
Real time and historical data on commercial real estate listings in Cary.
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