On average, listings lease in the $10's per square foot per year. The Story County submarket is experiencing a decline in rates. In the last 3 months, the median rate decreased $4 per sqft per year. That's a 20% decline in rent.
In the last 90 days, 5 listings have been made available, which means office spaces are probably leasing quickly. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
Even though the median size is 3,000 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this region are around 1 stories. Most buildings in this market were built in 1994 and are Class C.