The typical asking rate per listing is in the $10's per square foot per year. The Mankato region is going through a a rise in rates. In the last 3 months, the median rate went up $3 per sqft per year. That's a 17% increase in rent.
In the last 90 days, 175 listings have been posted online, so you'll want to check back regularly for new listings. About 6% of the listings in the Mankato are subleases, so you will probably need to consider the implications of signing a direct lease with the building. 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 360 sqft. Most properties in this area are around 3 floors. Most buildings in this market were built in 1977 and are Class B.
Real time and historical data on commercial real estate listings in Mankato.
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