Compared to the rest of the The Triangle market, the Research Triangle Park submarket has less expensive rates, so you should have no trouble finding a great deal in this discounted submarket.
In the last 90 days, 32 listings have been posted online, which means listings might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 50% of the listings in the Research Triangle Park 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 on the market, so finding a space for a small business might be tough.
Even though the median size is 6,190 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this area are around 3 stories. Most buildings in this region were built in 1985 and are Class B.
Finance and insurance are the dominant industries in this market. Commute by car is the most popular way to get to work amongst Research Triangle Park folk. Commuting approximately 30 minutes a day is the norm for those who opt to reside in this part of town.