On average, listings lease in the $60's per square foot per year. The Davidson region is seeing a an increase in rates. In the last 3 months, the median rate rose $36 per sqft per year. That's a 122% rise in rent.
Compared to the rest of the Metrolina market, the Davidson region has higher rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 0 listings have been posted online, which means leases are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About Inf% of the available space in the Davidson are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 120 sqft. Most buildings in this market are close to 3 floors. Most buildings in this area were built in 2006 and are Class A.