On average, listings lease in the $10's per square foot per year. The Cape Girardeau County region is experiencing a decline in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 7% decline in rent.
In the last 90 days, 3 listings have been listed, which means new listings 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 posted, so finding a space for a small business might be tough.
Even though the median size is 23,350 sqft, there are still 0 leases below 2,000 sqft. Most properties in this area are around 2 floors. Most buildings in this market were built in 1993 and are Class A.