On average, listings lease in the $10's per square foot per year. The Champaign region is seeing a a rise in rates. In the last 3 months, the median rate rose $1 per sqft per year. That's a 8% increase in rent.
In the last 90 days, 285 listings have been made available, so you'll want to check back regularly for new listings. About 15% of the available leases in the Champaign are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,890 sqft. Most properties in this area are close to 2 floors. Most buildings in this market were built in 1990 and are Class A.
Real time and historical data on commercial real estate listings in Champaign.
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