The typical asking rate per listing is in the $20's per square foot per year. The Milwaukee region is seeing a an increase in rates. In the last 3 months, the median rate went up $25 per sqft per year.
Compared to the rest of the Milwaukee market, the Milwaukee region has lower rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 155 listings have come on the market, so you'll want to check back regularly for new listings. About 115% 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 available, so finding a space for a small business might be tough.
Even though the median size is 3,390 sqft, there are still 0 leases below 2,000 sqft. Most properties in this area are close to 2 stories. Most buildings in this market were built in 1955 and are Class B.