The typical asking rate per listing is in the $0's per square foot per year. The West Lafayette submarket is seeing a decline in rates. In the last 3 months, the median rate fell $20 per sqft per year. That's a 100% decrease in rent.
In the last 90 days, 2 listings have been listed, which means listings might be 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.
The standard measurement for office space in this area is around 930 sqft. Most properties in this market are around 2 floors. Most buildings in this region were built in 1957 and are Class A.