On average, listings lease in the $20's per square foot per year. The Middletown region is going through a a boost in rates. In the last 3 months, the median rate increased $1 per sqft per year. That's a 3% increase in rent.
In the last 90 days, 4 listings have come on the market, which means new availabilities are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 25% of the listings in the Middletown 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 on the market, so finding a space for a small business might be tough.
Even though the median size is 15,000 sqft, there are still 0 listings below 2,000 sqft. Most properties in this area are close to 2 floors. Most buildings in this region were built in 1975 and are Class A.