The typical asking rate per listing is in the $10's per square foot per year. The New Albany submarket is going through a decline in rates. In the last 3 months, the median rate decreased $5 per sqft per year. That's a 21% decline in rent.
In the last 90 days, 10 listings have been listed, which means leases 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 14,990 sqft, there are still 0 leases below 2,000 sqft. Most properties in this market are close to 3 floors. Most buildings in this market were built in 2000 and are Class A.