On average, listings lease in the $10's per square foot per year. The Lafayette submarket is experiencing a decline in rates. In the last 3 months, the median rate decreased $16 per sqft per year. That's a 46% decline in rent.
In the last 90 days, 23 listings have been posted online, which means office spaces might be leasing quickly. 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.
The standard measurement for office space in this area is around 630 sqft. Most properties in this area are around 2 floors. Most buildings in this area were built in 2001 and are Class B.