On average, listings lease in the $20's per square foot per year. The Milford city (balance) region is going through a an increase in rates. In the last 3 months, the median rate increased $3 per sqft per year. That's a 14% increase in rent.
In the last 90 days, 9 listings have come on the market, which means new availabilities might be going fast. You'll want to be prepared to make an offer immediately. 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 5,780 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this region are around 2 floors. Most buildings in this area were built in 1981 and are Class A.