The typical asking rate per listing is in the $20's per square foot per year. The Wauwatosa region is seeing a a rise in rates. In the last 3 months, the median rate increased $1 per sqft per year. That's a 6% increase in rent.
Compared to the rest of the Milwaukee County market, the Wauwatosa submarket has greater rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 15 listings have been listed, which means listings 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 posted, so finding a space for a small business might be tough.
Even though the median size is 6,390 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this area are around 3 stories. Most buildings in this area were built in 1976 and are Class B.