The typical asking rate per listing is in the $20's per square foot per year. The Durham County submarket is experiencing a decrease in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 2% decline in rent.
Compared to the rest of the The Triangle market, the Durham County region has smaller rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 110 listings have come on the market, so you'll want to check back regularly for new listings. About 82% of the listings in the Durham County 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 5,200 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this region are around 2 stories. Most buildings in this market were built in 1991 and are Class A.