Most listings are in the $40's per square foot per year. The Foxcroft submarket is going through a a boost in rates. In the last 3 months, the median rate increased $13 per sqft per year. That's a 40% rise in rent.
Compared to the rest of the Metrolina market, the Foxcroft region has higher rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 4 listings have been made available, which means leases are probably going fast. You'll want to be prepared to make an offer immediately. About 75% of the office spaces in the Foxcroft 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 posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,690 sqft. Most buildings in this market are around 4 floors. Most buildings in this region were built in 1993 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Waste services is the dominant industry in this region. Commute by public transit is the most popular way to get to work amongst Foxcroft occupants. Commuting close to an hour a day is the norm for those who opt to reside in this part of town.