The typical asking rate per listing is in the $10's per square foot per year. The Madison region is seeing a decline in rates. In the last 3 months, the median rate decreased $4 per sqft per year. That's a 18% decrease in rent.
In the last 90 days, 9 listings have been made available, which means new listings most likley are 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 2,720 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this region are close to 1 floors. Most buildings in this market were built in 2005 and are Class B.