On average, listings lease in the $10's per square foot per year. The Faulkner County submarket is going through a decline in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 7% decline in rent.
In the last 90 days, 16 listings have been made available, which means new listings might be leasing quickly. You'll want to be prepared to make an offer immediately. About 19% of the available space in the Faulkner County are subleases, so you might be able to find a shorter term or below market rent. 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 16,150 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this market are around 1 stories. Most buildings in this market were built in 2000 and are Class B.