The typical asking rate per listing is in the $10's per square foot per year. The Blue Earth County submarket is experiencing a decline in rates. In the last 3 months, the median rate decreased $7 per sqft per year. That's a 29% decrease in rent.
In the last 90 days, 22 listings have been listed, which means new availabilities most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 95% of the listings in the Blue Earth County 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 on the market, 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 around 2 floors. Most buildings in this area were built in 1976 and are Class B.