On average, listings lease in the $40's per square foot per year. The Red Bank region is going through a an increase in rates. In the last 3 months, the median rate went up $2 per sqft per year. That's a 5% increase in rent.
In the last 90 days, 20 listings have been posted online, which means leases are probably leasing quickly. You'll want to be prepared to make an offer immediately. 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 2,640 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this market are approximately 3 stories. Most buildings in this market were built in 1983 and are Class A.