Most listings are in the $30's per square foot per year. The Central Park submarket is seeing a an increase in rates. In the last 3 months, the median rate increased $38 per sqft per year.
Compared to the rest of the The Triangle market, the Central Park submarket has more expensive rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 0 listings have been made available, which means spaces most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About Inf% of the available leases in the Central Park are subleases, so you might be able to snag a great spot on a short term. 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 2,600 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this area are around 15 stories. Most buildings in this region were built in 1987 and are Class A.
Construction is the dominant industry in this area. Commute by car is the most popular way to get to work amongst Central Park occupants. Commuting around 15 minutes a day is the norm for those who opt to reside in this part of town.