The typical asking rate per listing is in the $10's per square foot per year. The Fort Smith submarket is seeing a decrease in rates. In the last 3 months, the median rate decreased $2 per sqft per year. That's a 13% decrease in rent.
In the last 90 days, 27 listings have been listed, which means spaces might be going fast. You'll want to be prepared to make an offer immediately. About 4% of the available space in the Fort Smith are subleases, so you will probably have to focus your search on direct office leases. 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 2,250 sqft. Most buildings in this area are close to 2 floors. Most buildings in this market were built in 1985 and are Class B.