Most listings are in the $20's per square foot per year. The Milwaukee region is going through a decrease in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 3% decrease in rent.
Compared to the rest of the Milwaukee market, the Milwaukee region has smaller rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 155 listings have been made available, so you'll want to check back regularly for new listings. About 73% of the listings in the Milwaukee 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.
Even though the median size is 4,200 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this area are approximately 2 floors. Most buildings in this area were built in 1954 and are Class B.