On average, listings lease in the $10's per square foot per year. The Madison County region is seeing a decline in rates. In the last 3 months, the median rate decreased $0 per sqft per year. That's a 2% decline in rent.
In the last 90 days, 5 listings have been made available, which means office spaces might be leasing quickly. You'll want to be prepared to make an offer immediately. About 20% of the office spaces in the Madison County are subleases, so you might be able to snag a great spot on a short term. 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 4,530 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this area are around 2 floors. Most buildings in this market were built in 2006 and are Class A.