Most listings are in the $40's per square foot per year. The Bull Durham region is seeing a a boost in rates. In the last 3 months, the median rate rose $7 per sqft per year. That's a 17% rise in rent.
Compared to the rest of the The Triangle market, the Bull Durham 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 office spaces might be going fast. You'll want to be prepared to make an offer immediately. About Inf% of the office spaces in the Bull Durham are subleases, so you might be able to snag a great spot on a short term. 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 6,210 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this market are approximately 11 stories. Most buildings in this market were built in 2013 and are Class A.
Public administration is the dominant industry in this region. Most of the folk of Bull Durham work from home. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.