On average, listings lease in the $40's per square foot per year. The Meadowmont region is seeing a an increase in rates. In the last 3 months, the median rate went up $42 per sqft per year.
Compared to the rest of the The Triangle market, the Meadowmont 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, 1 listings have been made available, which means new listings are probably going fast. You'll want to be prepared to make an offer immediately. 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 23,870 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this area are close to 3 floors. Most buildings in this region were built in 2001 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 region. Most of the folk of Meadowmont work from home. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.