On average, listings lease in the $10's per square foot per year. The Waite Park submarket is experiencing a decline in rates. In the last 3 months, the median rate decreased $5 per sqft per year. That's a 23% decline in rent.
In the last 90 days, 9 listings have been made available, which means spaces most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. About 167% of the office spaces in the Waite Park 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 on the market, so finding a space for a small business might be tough.
Even though the median size is 2,940 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this region are approximately 1 stories. Most buildings in this region were built in 2004 and are Class B.