The typical asking rate per listing is in the $10's per square foot per year. The Milwaukee submarket is seeing a decrease in rates. In the last 3 months, the median rate fell $7 per sqft per year. That's a 28% decline in rent.
Compared to the rest of the Milwaukee market, the Milwaukee submarket has less expensive rates, so you should have no trouble finding a great deal in this depreciated submarket.
In the last 90 days, 156 listings have been made available, so you'll want to check back regularly for new listings. 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 4,330 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this region are approximately 3 floors. Most buildings in this market were built in 1968 and are Class A.