The typical asking rate per listing is in the $50's per square foot per year. The Selma submarket is going through a a boost in rates. In the last 3 months, the median rate went up $58 per sqft per year.
Compared to the rest of the The Triangle market, the Selma submarket has more expensive rates, and you'll need to pay a premium to be in this hot region.
In the last 90 days, 0 listings have been posted online, which means office spaces might be going fast. You'll want to be prepared to make an offer immediately. About Inf% of the listings in the Selma 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.
The standard measurement for office space in this area is around 1,330 sqft. Most buildings in this region are approximately 2 stories. Most buildings in this area were built in 1930 and are Class C.