On average, listings lease in the $20's per square foot per year. The Terry Sanford submarket is going through a a rise in rates. In the last 3 months, the median rate went up $1 per sqft per year. That's a 5% rise in rent.
In the last 90 days, 10 listings have been made available, which means office spaces might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,450 sqft. Most buildings in this market are around 1 stories. Most buildings in this region were built in 1987 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Agriculture is the dominant industry in this market. Commute by motorcycle is the most popular way to get to work amongst Terry Sanford occupants. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.