The typical asking rate per listing is in the $20's per square foot per year. The Cary submarket is experiencing a a rise in rates. In the last 3 months, the median rate increased $2 per sqft per year. That's a 8% rise in rent.
Compared to the rest of the The Triangle market, the Cary submarket has less expensive rates, so you should have no trouble finding a great deal in this undervalued submarket.
In the last 90 days, 103 listings have been made available, so you'll want to check back regularly for new listings. About 59% of the listings in the Cary 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 on the market, so finding a space for a small business might be tough.
Even though the median size is 6,220 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this market are close to 2 stories. Most buildings in this area were built in 1998 and are Class B.