The typical asking rate per listing is in the $10's per square foot per year. The Story County submarket is seeing a decrease in rates. In the last 3 months, the median rate decreased $5 per sqft per year. That's a 22% decline in rent.
In the last 90 days, 20 listings have come on the market, which means new listings are probably going fast. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,620 sqft. Most buildings in this market are close to 1 stories. Most buildings in this market were built in 2001 and are Class C.