On average, listings lease in the $20's per square foot per year. The Franklin submarket is seeing a a rise in rates. In the last 3 months, the median rate increased $23 per sqft per year.
Compared to the rest of the Milwaukee County market, the Franklin submarket has smaller rates, so you should have no trouble finding a great deal in this depreciated region.
In the last 90 days, 3 listings have come on the market, which means leases are probably going fast. You'll want to be prepared to make an offer immediately. About 67% of the office spaces in the Franklin 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 2,170 sqft. Most properties in this region are approximately 1 stories. Most buildings in this area were built in 2004 and are Class A.