On average, listings lease in the $30's per square foot per year. The Orange County region is going through a a rise in rates. In the last 3 months, the median rate went up $6 per sqft per year. That's a 23% increase in rent.
Compared to the rest of the The Triangle market, the Orange County region has more expensive rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 13 listings have come on the market, which means listings are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 200% of the listings in the Orange County are subleases, so you might be able to find a shorter term or below market rent. 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 2,990 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this market are close to 2 floors. Most buildings in this area were built in 2001 and are Class A.