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 went up $3 per sqft per year. That's a 14% rise in rent.
In the last 90 days, 9 listings have been made available, which means leases most likley are leasing quickly. 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 5,780 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this area are around 2 floors. Most buildings in this area were built in 1981 and are Class A.