The typical asking rate per listing is in the $20's per square foot per year. The Terre Haute region is seeing a an increase in rates. In the last 3 months, the median rate rose $20 per sqft per year.
In the last 90 days, 25 listings have been posted online, which means listings are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 8% of the available leases in the Terre Haute are subleases, so you will probably have to focus your search on direct office leases. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 2,200 sqft. Most buildings in this region are close to 1 floors. Most buildings in this market were built in 1975 and are Class A.
Real time and historical data on commercial real estate listings in Terre Haute.
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