On average, listings lease in the $20's per square foot per year. The Southern Pines submarket is seeing a decrease in rates. In the last 3 months, the median rate decreased $2 per sqft per year. That's a 7% decrease in rent.
In the last 90 days, 4 listings have been made available, which means spaces might be leasing quickly. You'll want to be prepared to make an offer immediately. About 125% of the office spaces in the Southern Pines are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 1,800 sqft. Most properties in this region are close to 1 stories. Most buildings in this market were built in 1992 and are Class B.