On average, listings lease in the $10's per square foot per year. The Mishawaka submarket is going through a decrease in rates. In the last 3 months, the median rate fell $5 per sqft per year. That's a 24% decline in rent.
In the last 90 days, 13 listings have come on the market, which means listings might be leasing quickly. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
Even though the median size is 4,320 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this market are around 3 stories. Most buildings in this region were built in 1991 and are Class A.