On average, listings lease in the $10's per square foot per year. The Cedar Falls region is going through a decline in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 8% decline in rent.
In the last 90 days, 20 listings have been posted online, which means new availabilities might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 10% of the listings in the Cedar Falls are subleases, so you will probably have to focus your search on direct office leases. 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 5,750 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this area are around 2 floors. Most buildings in this region were built in 1983 and are Class A.