The typical asking rate per listing is in the $20's per square foot per year. The Morrisville submarket is going through a a rise in rates. In the last 3 months, the median rate rose $1 per sqft per year. That's a 2% rise in rent.
Compared to the rest of the The Triangle market, the Morrisville region has more expensive rates, and you'll have to negotiate above asking rent to be in this hot region.
In the last 90 days, 50 listings have been made available, so you'll want to check back regularly for new listings. 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 4,000 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this market are approximately 1 floors. Most buildings in this region were built in 1999 and are Class A.