On average, listings lease in the $20's per square foot per year. The Marquette submarket is going through a decline in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 4% decline in rent.
In the last 90 days, 4 listings have come on the market, which means new listings might be leasing quickly. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
Even though the median size is 3,050 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this region are around 3 floors. Most buildings in this market were built in 2000 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Real estate is the dominant industry in this market. Commute by public transit is the most popular way to get to work amongst Marquette folk. Commuting under 5 minutes a day is the norm for those who opt to reside in this part of town.