On average, listings lease in the $20's per square foot per year. The Lawrence submarket is going through a an increase in rates. In the last 3 months, the median rate went up $1 per sqft per year. That's a 6% rise in rent.
In the last 90 days, 6 listings have been listed, which means new availabilities most likley are leasing quickly. 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 15,340 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this region are around 1 floors. Most buildings in this region were built in 1922 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Waste services is the dominant industry in this area. Most of the residents of Lawrence work from home. Commuting close to an hour and a half a day is the norm for those who opt to reside in this part of town.