The typical asking rate per listing is in the $30's per square foot per year. The Farmington submarket is experiencing a a rise in rates. In the last 3 months, the median rate went up $9 per sqft per year. That's a 41% increase in rent.
In the last 90 days, 2 listings have been posted online, which means new availabilities might be going fast. You'll want to be prepared to make an offer immediately. About 150% of the available leases in the Farmington 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 3,000 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this market are approximately 1 stories. Most buildings in this area were built in 2014 and are Class B.