On average, listings lease in the $0's per square foot per year. The Michigan City submarket is seeing a decrease in rates. In the last 3 months, the median rate decreased $16 per sqft per year. That's a 100% decrease in rent.
In the last 90 days, 3 listings have been listed, which means office 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 available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around sqft. Most properties in this region are close to 1 stories. Most buildings in this area were built in 1965 and are Class A.