Most listings are in the $20's per square foot per year. The Cary submarket is seeing a decrease in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 3% decrease in rent.
Compared to the rest of the The Triangle market, the Cary region has smaller rates, so you should have no trouble finding a great deal in this undervalued submarket.
In the last 90 days, 33 listings have been posted online, which means leases 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 posted, so finding a space for a small business might be tough.
Even though the median size is 2,780 sqft, there are still 0 listings below 2,000 sqft. Most properties in this market are close to 2 stories. Most buildings in this region were built in 1998 and are Class A.