The typical asking rate per listing is in the $10's per square foot per year. The Pewaukee submarket is experiencing a decrease in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 3% decline in rent.
In the last 90 days, 5 listings have been made available, which means spaces most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 100% of the office spaces in the Pewaukee are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 11,000 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this area are around 2 stories. Most buildings in this market were built in 1999 and are Class A.