On average, listings lease in the $20's per square foot per year. The Milford city (balance) region is going through a a boost in rates. In the last 3 months, the median rate increased $27 per sqft per year.
In the last 90 days, 14 listings have been listed, which means leases most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 79% of the available space in the Milford city (balance) are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
Even though the median size is 4,360 sqft, there are still 0 leases below 2,000 sqft. Most properties in this area are around 2 floors. Most buildings in this market were built in 1984 and are Class A.