On average, listings lease in the $20's per square foot per year. The Olmsted County submarket is experiencing a a boost in rates. In the last 3 months, the median rate rose $2 per sqft per year. That's a 8% increase in rent.
In the last 90 days, 25 listings have come on the market, which means listings might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 4% of the listings in the Olmsted County are subleases, so you will probably need to consider the implications of signing a direct lease with the building. 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 1,000 sqft. Most properties in this market are around 2 floors. Most buildings in this area were built in 1986 and are Class B.