Most listings are in the $20's per square foot per year. The Oberlin Village region is seeing a an increase in rates. In the last 3 months, the median rate rose $25 per sqft per year.
Compared to the rest of the The Triangle market, the Oberlin Village region has smaller rates, so you should have no trouble finding a great deal in this discounted submarket.
In the last 90 days, 2 listings have been listed, which means office spaces most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 50% of the available space in the Oberlin Village 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.
The standard measurement for office space in this area is around 280 sqft. Most buildings in this area are close to 3 floors. Most buildings in this market were built in 1983 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Wholesale trade is the dominant industry in this market. Commute by walking is the most popular way to get to work amongst Oberlin Village occupants. Commuting approximately 20 minutes a day is the norm for those who opt to reside in this part of town.