Most listings are in the $20's per square foot per year. The East Lansing region is experiencing a decrease in rates. In the last 3 months, the median rate decreased $4 per sqft per year. That's a 14% decrease in rent.
In the last 90 days, 15 listings have come on the market, which means leases most likley are going fast. You'll want to be prepared to make an offer immediately. About 33% of the office spaces in the East Lansing 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.
The standard measurement for office space in this area is around 1,350 sqft. Most buildings in this market are around 1 floors. Most buildings in this region were built in 1978 and are Class A.