The typical asking rate per listing is in the $10's per square foot per year. The Tech Park submarket is experiencing a an increase in rates. In the last 3 months, the median rate went up $18 per sqft per year.
Compared to the rest of the Metrolina market, the Tech Park region has less expensive rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 0 listings have been listed, which means new availabilities are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About NaN% of the available leases in the Tech Park are subleases, so you will probably have to focus your search on direct office leases. 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 2,900 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this area are close to 2 floors. Most buildings in this area were built in 1990 and are Class A.
A large portion of this market is residential, but there's plenty of office_space. Manufacturing is the dominant industry in this region. Commute by car is the most popular way to get to work amongst Tech Park occupants. Commuting around 30 minutes a day is the norm for those who opt to reside in this part of town.