The typical asking rate per listing is in the $10's per square foot per year. The Moorhead region is seeing a decrease in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 6% decline in rent.
In the last 90 days, 16 listings have been posted online, which means leases are probably going fast. You'll want to be prepared to make an offer immediately. About 38% of the office spaces in the Moorhead are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 2,870 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this market are around 2 floors. Most buildings in this area were built in 1978 and are Class A.