On average, listings lease in the $10's per square foot per year. The Toledo submarket is experiencing a decline in rates. In the last 3 months, the median rate decreased $46 per sqft per year. That's a 72% decrease in rent.
In the last 90 days, 11 listings have been posted online, which means office spaces are probably going fast. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
Even though the median size is 2,770 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this area are approximately 2 floors. Most buildings in this region were built in 1967 and are Class C.