The typical asking rate per listing is in the $0's per square foot per year. The Blacksburg submarket is seeing a decrease in rates. In the last 3 months, the median rate fell $29 per sqft per year. That's a 100% decrease in rent.
In the last 90 days, 18 listings have been listed, which means new availabilities are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around sqft. Most properties in this market are approximately 2 stories. Most buildings in this region were built in 2002 and are Class A.