On average, listings lease in the $10's per square foot per year. The Cedar Falls submarket is experiencing a a boost in rates. In the last 3 months, the median rate went up $20 per sqft per year.
In the last 90 days, 6 listings have been posted online, which means leases are probably going fast. You'll want to be prepared to make an offer immediately. About 167% of the available space in the Cedar Falls are subleases, so you might be able to find a shorter term or below market rent. 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 2,530 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this market are around 1 floors. Most buildings in this market were built in 1981 and are Class A.