On average, listings lease in the $10's per square foot per year. The Foley submarket is seeing a a rise in rates. In the last 3 months, the median rate increased $17 per sqft per year.
In the last 90 days, 3 listings have come on the market, which means new listings most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About 200% of the available leases in the Foley are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet available, 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 properties in this market are close to 1 floors. Most buildings in this market were built in 1999 and are Class A.