The typical asking rate per listing is in the $30's per square foot per year. The Durham region is seeing a a rise in rates. In the last 3 months, the median rate increased $1 per sqft per year. That's a 2% rise in rent.
Compared to the rest of the The Triangle market, the Durham region has more expensive rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 76 listings have come on the market, so you'll want to check back regularly for new listings. About 5% of the listings in the Durham are subleases, so you will probably have to consider a longer term lease. 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 4,790 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this region are close to 2 floors. Most buildings in this area were built in 1995 and are Class A.