Most listings are in the $20's per square foot per year. The Wake Forest region is experiencing a decline in rates. In the last 3 months, the median rate fell $3 per sqft per year. That's a 14% decline in rent.
Compared to the rest of the The Triangle market, the Wake Forest submarket has lower rates, so you should have no trouble finding a great deal in this undervalued submarket.
In the last 90 days, 24 listings have been posted online, which means spaces might be going fast. You'll want to be prepared to make an offer immediately. 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 2,390 sqft. Most buildings in this region are approximately 1 stories. Most buildings in this market were built in 2007 and are Class B.