The typical asking rate per listing is in the $20's per square foot per year. The Grand Rapids submarket is experiencing a an increase in rates. In the last 3 months, the median rate rose $5 per sqft per year. That's a 28% increase in rent.
Compared to the rest of the Grand Rapids market, the Grand Rapids submarket has lower rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 67 listings have been made available, so you'll want to check back regularly for new listings. About 99% of the office spaces in the Grand Rapids are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,500 sqft. Most properties in this market are close to 2 stories. Most buildings in this market were built in 1923 and are Class Class B.