On average, listings lease in the $20's per square foot per year. The Rockford submarket is seeing a decrease in rates. In the last 3 months, the median rate fell $24 per sqft per year. That's a 49% decline in rent.
In the last 90 days, 2 listings have been listed, which means listings might be going fast. You'll want to be prepared to make an offer immediately. 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 1,880 sqft. Most properties in this region are approximately 1 floors. Most buildings in this market were built in 0 and are Class A.