Compared to the rest of the The Triangle market, the Mangum Farm submarket has less expensive rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 2 listings have come on the market, which means leases might be leasing quickly. You'll want to be prepared to make an offer immediately. About 50% of the office spaces in the Mangum Farm are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 900 sqft. Most buildings in this market were built in 2002 and are Class C.
A large portion of this market is residential, but there's plenty of office_space. Professional services is the dominant industry in this region. Commute by car is the most popular way to get to work amongst Mangum Farm occupants. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.
Real time and historical data on commercial real estate listings in Mangum Farm.
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