Compared to the rest of the The Triangle market, the Chapel Hill submarket has greater rates, and you'll have to negotiate above asking rent to be in this hot region.
In the last 90 days, 14 listings have been posted online, which means new listings are probably going fast. You'll want to be prepared to make an offer immediately. About 7% of the listings in the Chapel Hill 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 posted, so finding a space for a small business might be tough.
Even though the median size is 3,250 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this area are close to 3 floors. Most buildings in this region were built in 2001 and are Class A.