On average, listings lease in the $10's per square foot per year. The Fort Smith region is experiencing a decline in rates. In the last 3 months, the median rate fell $3 per sqft per year. That's a 14% decline in rent.
In the last 90 days, 16 listings have been listed, which means listings most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. 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 2,770 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this market are approximately 2 floors. Most buildings in this market were built in 1975 and are Class B.