Most listings are in the $10's per square foot per year. The Mankato region is experiencing a decline in rates. In the last 3 months, the median rate fell $7 per sqft per year. That's a 29% decrease in rent.
In the last 90 days, 22 listings have been listed, which means listings most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About 86% of the office spaces in the Mankato 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 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 1,800 sqft. Most buildings in this area are approximately 3 floors. Most buildings in this market were built in 1977 and are Class B.