On average, listings lease in the $20's per square foot per year. The Mankato submarket is going through a decline in rates. In the last 3 months, the median rate fell $74 per sqft per year. That's a 78% decrease in rent.
In the last 90 days, 21 listings have been listed, which means new availabilities might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 2,210 sqft. Most properties in this market are close to 3 floors. Most buildings in this region were built in 1976 and are Class A.