On average, listings lease in the $30's per square foot per year. The Elizabeth submarket is going through a a boost in rates. In the last 3 months, the median rate went up $2 per sqft per year. That's a 6% increase in rent.
Compared to the rest of the Metrolina market, the Elizabeth submarket has greater rates, and you'll have to negotiate above asking rent to be in this hot region.
In the last 90 days, 0 listings have been listed, which means spaces might be leasing quickly. You'll want to be prepared to make an offer immediately. About NaN% of the available leases in the Elizabeth are subleases, so you will probably need to sign a longer term lease with the landlord directly. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
Even though the median size is 4,010 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this area are around 2 stories. Most buildings in this region were built in 1972 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Real estate is the dominant industry in this area. Commute by motorcycle is the most popular way to get to work amongst Elizabeth folk. Commuting around 15 minutes a day is the norm for those who opt to reside in this part of town.