On average, listings lease in the $10's per square foot per year. The Terry Sanford submarket is going through a decrease in rates. In the last 3 months, the median rate decreased $3 per sqft per year. That's a 18% decrease in rent.
In the last 90 days, 16 listings have been made available, which means new availabilities most likley are leasing quickly. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,000 sqft. Most properties in this area are close to 1 floors. Most buildings in this area were built in 1987 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Agriculture is the dominant industry in this market. Commute by motorcycle is the most popular way to get to work amongst Terry Sanford residents. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.