Compared to the rest of the The Triangle market, the Smithfield submarket has lower rates, so you should have no trouble finding a great deal in this discounted region.
In the last 90 days, 9 listings have been made available, which means new availabilities might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 11% of the listings in the Smithfield 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.
The standard measurement for office space in this area is around 170 sqft. Most buildings in this region are approximately 1 stories. Most buildings in this area were built in 1992 and are Class B.