The typical asking rate per listing is in the $0's per square foot per year. The Ferndale submarket is going through a decline in rates. In the last 3 months, the median rate decreased $19 per sqft per year. That's a 100% decline in rent.
In the last 90 days, 2 listings have been listed, which means spaces are probably 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.
Even though the median size is 10,740 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this market are around 1 stories. Most buildings in this area were built in 2008 and are Class B.