The typical asking rate per listing is in the $10's per square foot per year. The Michigan City region is going through a an increase in rates. In the last 3 months, the median rate rose $16 per sqft per year.
In the last 90 days, 3 listings have been made available, which means new availabilities are probably leasing quickly. You'll want to be prepared to make an offer immediately. 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 5,600 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this market are close to 1 floors. Most buildings in this market were built in 1965 and are Class A.