Most listings are in the $20's per square foot per year. The North Hills region is experiencing a a boost in rates. In the last 3 months, the median rate went up $7 per sqft per year. That's a 34% rise in rent.
Compared to the rest of the The Triangle market, the North Hills region has more expensive rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 34 listings have come on the market, which means listings are probably going fast. You'll want to be prepared to make an offer immediately. About 3% of the office spaces in the North Hills are subleases, so you will probably need to consider the implications of signing a direct lease with the building. 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 3,110 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this area are approximately 3 stories. Most buildings in this region were built in 1984 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Finance and insurance are the dominant industries in this region. Commute by motorcycle is the most popular way to get to work amongst North Hills folk. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.