The typical asking rate per listing is in the $20's per square foot per year. The Waco submarket is seeing a a rise in rates. In the last 3 months, the median rate increased $5 per sqft per year. That's a 27% increase in rent.
In the last 90 days, 7 listings have come on the market, which means leases might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 214% of the available space in the Waco are subleases, so you might be able to find a shorter term or below market rent. 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 2,590 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this region are approximately 2 floors. Most buildings in this area were built in 1981 and are Class A.