The typical asking rate per listing is in the $20's per square foot per year. The The Triangle region is seeing a decline in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 3% decrease in rent.
Compared to the rest of the The Triangle market, the The Triangle region has less expensive rates, so you should have no trouble finding a great deal in this discounted region.
In the last 90 days, 359 listings have been listed, so you'll want to check back regularly for new listings. About 4% of the available leases in the The Triangle are subleases, so you will probably need to consider the implications of signing a direct lease with the building. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
Even though the median size is 3,000 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this market are close to 2 stories. Most buildings in this area were built in 1995 and are Class B.