On average, listings lease in the $10's per square foot per year. The Milford city (balance) region is going through a decrease in rates. In the last 3 months, the median rate decreased $7 per sqft per year. That's a 28% decline in rent.
In the last 90 days, 14 listings have come on the market, which means office spaces are probably leasing quickly. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
Even though the median size is 2,600 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this area are approximately 2 floors. Most buildings in this area were built in 1985 and are Class A.