On average, listings lease in the $0's per square foot per year. The Cape Girardeau submarket is experiencing a decline in rates. In the last 3 months, the median rate decreased $20 per sqft per year. That's a 100% decline in rent.
In the last 90 days, 3 listings have been listed, which means spaces are probably leasing quickly. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
Even though the median size is 23,350 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this area are around 2 stories. Most buildings in this region were built in 1993 and are Class A.