Compared to the rest of the The Triangle market, the Umstead submarket has smaller rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 14 listings have been posted online, which means office spaces most likley are going fast. You'll want to be prepared to make an offer immediately. About 14% of the available space in the Umstead 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 available, so finding a space for a small business might be tough.
Even though the median size is 2,580 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this area are around 1 stories. Most buildings in this area were built in 2008 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Finance and insurance are the dominant industries in this market. Commute by public transit is the most popular way to get to work amongst Umstead occupants. Commuting under 5 minutes a day is the norm for those who opt to reside in this part of town.