The typical asking rate per listing is in the $0's per square foot per year. The Lafayette region is seeing a decrease in rates. In the last 3 months, the median rate fell $48 per sqft per year. That's a 100% decrease in rent.
In the last 90 days, 19 listings have been posted online, which means listings most likley are going fast. You'll want to be prepared to make an offer immediately. About 11% of the available leases in the Lafayette 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 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 2,240 sqft. Most buildings in this region are close to 3 stories. Most buildings in this market were built in 1979 and are Class B.