The typical asking rate per listing is in the $20's per square foot per year. The Faribault submarket is seeing a a rise in rates. In the last 3 months, the median rate increased $25 per sqft per year.
In the last 90 days, 13 listings have been posted online, which means new availabilities might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 23% of the office spaces in the Faribault are subleases, so you might be able to snag a great spot on a short term. 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 420 sqft. Most buildings in this area are around 1 floors. Most buildings in this area were built in 2003 and are Class B.