The typical asking rate per listing is in the $20's per square foot per year. The Wake County submarket is experiencing a a rise in rates. In the last 3 months, the median rate increased $1 per sqft per year. That's a 2% increase in rent.
Compared to the rest of the The Triangle market, the Wake County submarket has higher rates, and you'll have to negotiate above asking rent to be in this hot region.
In the last 90 days, 269 listings have been listed, so you'll want to check back regularly for new listings. About 4% of the available leases in the Wake County are subleases, so you will probably have to consider a longer term lease. 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 3,070 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this area are approximately 2 stories. Most buildings in this area were built in 1995 and are Class B.