On average, listings lease in the $10's per square foot per year. The Middletown region is seeing a decline in rates. In the last 3 months, the median rate fell $2 per sqft per year. That's a 11% decline in rent.
In the last 90 days, 6 listings have come on the market, which means new availabilities might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 17% of the listings in the Middletown are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,500 sqft. Most buildings in this area are close to 2 floors. Most buildings in this market were built in 1982 and are Class Class B.