On average, listings lease in the $10's per square foot per year. The Tippecanoe County submarket is seeing a decrease in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 4% decrease in rent.
In the last 90 days, 17 listings have come on the market, which means spaces might be going fast. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,500 sqft. Most buildings in this region are close to 1 stories. Most buildings in this market were built in 1970 and are Class A.