The typical asking rate per listing is in the $10's per square foot per year. The Fuquay-Varina region is experiencing a decline in rates. In the last 3 months, the median rate decreased $3 per sqft per year. That's a 14% decrease in rent.
Compared to the rest of the The Triangle market, the Fuquay-Varina region has lower rates, so you should have no trouble finding a great deal in this depreciated region.
In the last 90 days, 3 listings have been listed, which means new listings might be going fast. You'll want to be prepared to make an offer immediately. About 67% of the available space in the Fuquay-Varina 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 posted, so finding a space for a small business might be tough.
Even though the median size is 8,000 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this region are around 2 floors. Most buildings in this market were built in 1999 and are Class B.