Most listings are in the $20's per square foot per year. The Waxahachie submarket is seeing a an increase in rates. In the last 3 months, the median rate went up $2 per sqft per year. That's a 11% rise in rent.
Compared to the rest of the DFW Metroplex market, the Waxahachie submarket has less expensive rates, so you should have no trouble finding a great deal in this depreciated region.
In the last 90 days, 20 listings have been listed, which means new listings are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. 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 720 sqft. Most buildings in this market are approximately 1 stories. Most buildings in this market were built in 2001.