The typical asking rate per listing is in the $10's per square foot per year. The Wichita Falls region is seeing a decrease in rates. In the last 3 months, the median rate decreased $2 per sqft per year. That's a 12% decrease in rent.
In the last 90 days, 5 listings have been listed, which means office spaces are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 160% of the available leases in the Wichita Falls 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.
Even though the median size is 7,030 sqft, there are still 0 leases below 2,000 sqft. Most properties in this market are close to 1 floors. Most buildings in this region were built in 2006 and are Class A.