On average, listings lease in the $10's per square foot per year. The Mishawaka submarket is experiencing a decline in rates. In the last 3 months, the median rate decreased $5 per sqft per year. That's a 24% decrease in rent.
In the last 90 days, 14 listings have been listed, which means office spaces most likley are leasing quickly. 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.
Even though the median size is 4,320 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this region are around 3 stories. Most buildings in this region were built in 1991 and are Class A.