On average, listings lease in the $10's per square foot per year. The Franklin County submarket is experiencing a an increase in rates. In the last 3 months, the median rate rose $18 per sqft per year.
Compared to the rest of the The Triangle market, the Franklin County region has less expensive rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 6 listings have been made available, which means new availabilities might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 50% of the available space in the Franklin County are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,200 sqft. Most buildings in this area are around 1 floors. Most buildings in this market were built in 1997 and are Class B.