The typical asking rate per listing is in the $10's per square foot per year. The Grand Rapids submarket is seeing a decrease in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 4% decline 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 submarket.
In the last 90 days, 68 listings have been made available, so you'll want to check back regularly for new listings. About 3% of the office spaces in the Grand Rapids are subleases, so you will probably need to sign a longer term lease with the landlord directly. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,860 sqft. Most buildings in this market are close to 2 floors. Most buildings in this region were built in 1920 and are Class Class B.