On average, listings lease in the $10's per square foot per year. The Okemos region is going through a decline in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 7% decrease in rent.
In the last 90 days, 40 listings have come on the market, which means spaces might be going fast. You'll want to be prepared to tour spaces as quick as possible. 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 1,880 sqft. Most properties in this market are around 1 floors. Most buildings in this region were built in 1985 and are Class A.