On average, listings lease in the $10's per square foot per year. The Rexburg submarket is seeing a decrease in rates. In the last 3 months, the median rate fell $10 per sqft per year. That's a 39% decline in rent.
In the last 90 days, 5 listings have been made available, which means new availabilities might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 20% of the available space in the Rexburg 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 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 market are close to 2 stories. Most buildings in this region were built in 2006 and are Class A.