The typical asking rate per listing is in the $10's per square foot per year. The Hiawatha region is going through a decrease in rates. In the last 3 months, the median rate decreased $5 per sqft per year. That's a 19% decline in rent.
In the last 90 days, 4 listings have been posted online, which means office spaces are probably going fast. 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 3,800 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this market are close to 1 floors. Most buildings in this market were built in 2008.