The typical asking rate per listing is in the $10's per square foot per year. The Sioux Falls submarket is seeing a decline in rates. In the last 3 months, the median rate decreased $0 per sqft per year. That's a 2% decline in rent.
In the last 90 days, 96 listings have been listed, so you'll want to check back regularly for new listings. About 2% of the available leases in the Sioux Falls are subleases, so you will probably have to consider a longer term lease. 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 1,690 sqft. Most properties in this region are approximately 2 floors. Most buildings in this region were built in 1990 and are Class A.