The typical asking rate per listing is in the $20's per square foot per year. The Cary region is seeing a decline in rates. In the last 3 months, the median rate decreased $2 per sqft per year. That's a 7% decline in rent.
Compared to the rest of the The Triangle market, the Cary submarket has smaller rates, so you should have no trouble finding a great deal in this depreciated submarket.
In the last 90 days, 94 listings have come on the market, so you'll want to check back regularly for new listings. About 2% of the available leases in the Cary 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 available, so finding a space for a small business might be tough.
Even though the median size is 3,190 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this market are close to 2 stories. Most buildings in this region were built in 1998 and are Class A.