On average, listings lease in the $10's per square foot per year. The Lafayette submarket is going through a decline in rates. In the last 3 months, the median rate decreased $3 per sqft per year. That's a 13% decline in rent.
In the last 90 days, 22 listings have been listed, which means new listings most likley are 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 2,590 sqft, there are still 0 listings below 2,000 sqft. Most properties in this market are approximately 1 stories. Most buildings in this area were built in 1950 and are Class A.