Most listings are in the $10's per square foot per year. The Morrisville region is experiencing a decrease in rates. In the last 3 months, the median rate decreased $11 per sqft per year. That's a 40% decrease in rent.
Compared to the rest of the The Triangle market, the Morrisville submarket has less expensive rates, so you should have no trouble finding a great deal in this undervalued submarket.
In the last 90 days, 13 listings have come on the market, which means spaces might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 23% of the available space in the Morrisville 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 posted, so finding a space for a small business might be tough.
Even though the median size is 4,220 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this region are around 2 stories. Most buildings in this area were built in 1999 and are Class A.