The typical asking rate per listing is in the $10's per square foot per year. The Mitchell West region is going through a decline in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 7% decline in rent.
Compared to the rest of the Milwaukee market, the Mitchell West region has smaller rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 3 listings have been listed, which means leases most likley are going fast. 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.
The standard measurement for office space in this area is around 1,800 sqft. Most buildings in this region are around 3 floors. Most buildings in this market were built in 1991 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Utilities is the dominant industry in this market. Commute by public transit is the most popular way to get to work amongst Mitchell West occupants. Commuting around 10 minutes a day is the norm for those who opt to reside in this part of town.