On average, listings lease in the $10's per square foot per year. The Cedar Falls submarket is seeing a a rise in rates. In the last 3 months, the median rate rose $4 per sqft per year. That's a 25% increase in rent.
In the last 90 days, 6 listings have come on the market, which means office spaces might be 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 posted, so finding a space for a small business might be tough.
Even though the median size is 2,530 sqft, there are still 0 leases below 2,000 sqft. Most properties in this region are approximately 1 floors. Most buildings in this market were built in 1981 and are Class A.