On average, listings lease in the $20's per square foot per year. The Pinehurst submarket is seeing a a boost in rates. In the last 3 months, the median rate increased $21 per sqft per year.
In the last 90 days, 2 listings have been posted online, which means spaces are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. 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 6,000 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this area were built in 1994 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Wholesale trade is the dominant industry in this area. Commute by walking is the most popular way to get to work amongst Pinehurst residents. Commuting close to 20 minutes a day is the norm for those who opt to reside in this part of town.