The typical asking rate per listing is in the $10's per square foot per year. The Augustana region is seeing a decrease in rates. In the last 3 months, the median rate decreased $2 per sqft per year. That's a 10% decline in rent.
In the last 90 days, 5 listings have been made available, which means office spaces most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 20% of the available leases in the Augustana are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,110 sqft. Most properties in this area are approximately 2 stories. Most buildings in this area were built in 1954 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Information is the dominant industry in this market. Most of the occupants of Augustana work from home. Commuting close to 20 minutes a day is the norm for those who opt to reside in this part of town.