The typical asking rate per listing is in the $30's per square foot per year. The Orange County submarket is seeing a a boost in rates. In the last 3 months, the median rate increased $1 per sqft per year. That's a 4% rise in rent.
Compared to the rest of the The Triangle market, the Orange County region has greater rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 14 listings have come on the market, which means listings most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 7% of the office spaces in the Orange County are subleases, so you will probably have to consider a longer term lease. 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 4,400 sqft, there are still 0 listings below 2,000 sqft. Most properties in this region are around 3 stories. Most buildings in this area were built in 2001 and are Class A.