Most listings are in the $10's per square foot per year. The Ellerbe Woods submarket is going through a a boost in rates. In the last 3 months, the median rate rose $20 per sqft per year.
In the last 90 days, 2 listings have been listed, which means spaces might be going fast. You'll want to be prepared to make an offer immediately. About 50% of the listings in the Ellerbe Woods 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.
Even though the median size is 4,350 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this area are approximately 1 floors. Most buildings in this area were built in 0 and are Class Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Public administration is the dominant industry in this market. Commute by walking is the most popular way to get to work amongst Ellerbe Woods occupants. Commuting close to an hour and a half a day is the norm for those who opt to reside in this part of town.