On average, listings lease in the $30's per square foot per year. The Elizabeth submarket is seeing a a rise in rates. In the last 3 months, the median rate rose $2 per sqft per year. That's a 6% increase in rent.
Compared to the rest of the Metrolina market, the Elizabeth region has more expensive rates, and you'll need to pay a premium to be in this hot region.
In the last 90 days, 0 listings have been made available, which means new availabilities are probably leasing quickly. You'll want to be prepared to make an offer immediately. About NaN% of the listings in the Elizabeth are subleases, so you will probably need to sign a longer term lease with the landlord directly. 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 4,010 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this market are around 2 stories. Most buildings in this area were built in 1972 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Real estate is the dominant industry in this market. Commute by motorcycle is the most popular way to get to work amongst Elizabeth folk. Commuting around 15 minutes a day is the norm for those who opt to reside in this part of town.