On average, listings lease in the $30's per square foot per year. The Elizabeth submarket is going through a a rise in rates. In the last 3 months, the median rate went up $8 per sqft per year. That's a 26% increase in rent.
Compared to the rest of the Metrolina market, the Elizabeth submarket has greater rates, and you'll have to negotiate above asking rent to be in this hot region.
In the last 90 days, 0 listings have been made available, which means spaces are probably going fast. 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 have to focus your search on direct office leases. 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 2,600 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this market are close to 2 stories. Most buildings in this area were built in 1971 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 region. Commute by motorcycle is the most popular way to get to work amongst Elizabeth occupants. Commuting close to 15 minutes a day is the norm for those who opt to reside in this part of town.