On average, listings lease in the $20's per square foot per year. The Mankato submarket is experiencing a a boost in rates. In the last 3 months, the median rate increased $22 per sqft per year.
In the last 90 days, 22 listings have been listed, which means spaces most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. About 141% of the available space in the Mankato are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 2,000 sqft. Most properties in this area are around 3 stories. Most buildings in this market were built in 1977 and are Class B.