The typical asking rate per listing is in the $20's per square foot per year. The Downtown Sarasota region is experiencing a decline in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 5% decrease in rent.
In the last 90 days, 12 listings have been listed, which means new listings most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About 8% of the available space in the Downtown Sarasota are subleases, so you will probably have to consider a longer term lease. 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 2,120 sqft. Most buildings in this area are close to 2 stories. Most buildings in this market were built in 1948 and are Class A.
This region is fairly equally mixed residential and commercial. Real estate is the dominant industry in this region. Most of the folk of Downtown Sarasota work from home. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.