On average, listings lease in the $10's per square foot per year. The Urbana submarket is seeing a an increase in rates. In the last 3 months, the median rate increased $3 per sqft per year. That's a 17% rise in rent.
In the last 90 days, 4 listings have been made available, which means new availabilities might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 125% of the available leases in the Urbana 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 available, so finding a space for a small business might be tough.
Even though the median size is 5,090 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this region are approximately 2 floors. Most buildings in this market were built in 2000 and are Class B.