The typical asking rate per listing is in the $30's per square foot per year. The Durham region is experiencing a a rise in rates. In the last 3 months, the median rate rose $1 per sqft per year. That's a 2% rise in rent.
Compared to the rest of the The Triangle market, the Durham region has higher rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 75 listings have come on the market, so you'll want to check back regularly for new listings. About 1% of the available space in the Durham are subleases, so you will probably need to consider the implications of signing a direct lease with the building. 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 5,340 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this area are approximately 2 stories. Most buildings in this market were built in 1995 and are Class A.