On average, listings lease in the $20's per square foot per year. The Urbana submarket is experiencing a decrease in rates. In the last 3 months, the median rate decreased $17 per sqft per year. That's a 39% decrease in rent.
Compared to the rest of the Washington D.C. market, the Urbana region has smaller rates, so you should have no trouble finding a great deal in this depreciated submarket.
In the last 90 days, 1 listings have been made available, which means office spaces most likley are going fast. 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 3,660 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this region were built in 2017 and are Class A.