On average, listings lease in the $20's per square foot per year. The Wake County submarket is experiencing a decrease in rates. In the last 3 months, the median rate decreased $3 per sqft per year. That's a 11% decline in rent.
Compared to the rest of the The Triangle market, the Wake County region has less expensive rates, so you should have no trouble finding a great deal in this depreciated region.
In the last 90 days, 550 listings have come on the market, so you'll want to check back regularly for new listings. About 58% of the available space in the Wake County are subleases, so you might be able to snag a great spot on a short term. 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 3,380 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this market are approximately 2 stories. Most buildings in this market were built in 1995 and are Class B.