On average, listings lease in the $10's per square foot per year. The University region is going through a decline in rates. In the last 3 months, the median rate decreased $4 per sqft per year. That's a 15% decline in rent.
In the last 90 days, 6 listings have been listed, which means new availabilities most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. 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 1,670 sqft. Most properties in this area are around 1 stories. Most buildings in this market were built in 1982 and are Class B.