Most listings are in the $10's per square foot per year. The Madison region is experiencing a decrease in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 5% decline in rent.
In the last 90 days, 13 listings have been posted online, which means new listings are probably going fast. You'll want to be prepared to make an offer immediately. 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 2,720 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this market are approximately 1 stories. Most buildings in this market were built in 2005 and are Class B.