Most listings are in the $40's per square foot per year. The Meadowmont submarket is experiencing a an increase in rates. In the last 3 months, the median rate rose $42 per sqft per year.
Compared to the rest of the The Triangle market, the Meadowmont region has more expensive rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 1 listings have been listed, which means listings might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 600% of the available leases in the Meadowmont are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
Even though the median size is 12,050 sqft, there are still 0 listings below 2,000 sqft. Most properties in this market are close to 3 stories. Most buildings in this area were built in 2001 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Wholesale trade is the dominant industry in this area. Most of the residents of Meadowmont work from home. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.