Most listings are in the $20's per square foot per year. The The Triangle region is experiencing a decline in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 4% decrease in rent.
Compared to the rest of the The Triangle market, the The Triangle region has smaller rates, so you should have no trouble finding a great deal in this undervalued submarket.
In the last 90 days, 734 listings have come on the market, so you'll want to check back regularly for new listings. About 65% of the available space in the The Triangle 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 on the market, so finding a space for a small business might be tough.
Even though the median size is 3,680 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this region are close to 2 floors. Most buildings in this area were built in 1995 and are Class B.