Compared to the rest of the The Triangle market, the Smithfield region has less expensive rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 9 listings have been posted online, which means leases might be going fast. You'll want to be prepared to make an offer immediately. About 11% of the listings in the Smithfield 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 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 170 sqft. Most buildings in this area are approximately 1 stories. Most buildings in this market were built in 1992 and are Class B.