On average, listings lease in the $40's per square foot per year. The Nappanee submarket is seeing a an increase in rates. In the last 3 months, the median rate rose $44 per sqft per year.
In the last 90 days, 0 listings have come on the market, which means spaces might be leasing quickly. You'll want to be prepared to make an offer immediately. About Inf% of the available space in the Nappanee are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 9,460 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this market are around 2 floors. Most buildings in this area were built in 1970 and are Class C.