The typical asking rate per listing is in the $10's per square foot per year. The Morrisville submarket is seeing a a rise in rates. In the last 3 months, the median rate rose $1 per sqft per year. That's a 4% rise in rent.
Compared to the rest of the The Triangle market, the Morrisville region has lower rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 50 listings have been posted online, so you'll want to check back regularly for new listings. About 8% of the office spaces in the Morrisville are subleases, so you will probably have to focus your search on direct office leases. 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 5,900 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this region are approximately 1 floors. Most buildings in this market were built in 1999 and are Class A.