On average, listings lease in the $10's per square foot per year. The Hiawatha submarket is seeing a an increase in rates. In the last 3 months, the median rate rose $4 per sqft per year. That's a 27% rise in rent.
In the last 90 days, 11 listings have been listed, which means spaces might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
Even though the median size is 3,500 sqft, there are still 0 listings below 2,000 sqft. Most properties in this market are close to 1 floors. Most buildings in this area were built in 2005.