The typical asking rate per listing is in the $20's per square foot per year. The Wake Forest submarket is seeing a a boost in rates. In the last 3 months, the median rate increased $21 per sqft per year.
Compared to the rest of the The Triangle market, the Wake Forest submarket has lower rates, so you should have no trouble finding a great deal in this depreciated region.
In the last 90 days, 24 listings have come on the market, which means new availabilities are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 29% of the office spaces in the Wake Forest 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 posted, so finding a space for a small business might be tough.
Even though the median size is 4,260 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this area are close to 1 floors. Most buildings in this region were built in 2005 and are Class B.