The typical asking rate per listing is in the $10's per square foot per year. The Faulkner County submarket is seeing a decrease in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 6% decline in rent.
In the last 90 days, 14 listings have been listed, which means new availabilities might be going fast. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,750 sqft. Most buildings in this market are around 2 floors. Most buildings in this area were built in 2000 and are Class B.