On average, listings lease in the $20's per square foot per year. The Milwaukee submarket is experiencing a a rise in rates. In the last 3 months, the median rate increased $25 per sqft per year.
Compared to the rest of the Milwaukee market, the Milwaukee submarket has lower rates, so you should have no trouble finding a great deal in this discounted submarket.
In the last 90 days, 155 listings have been made available, so you'll want to check back regularly for new listings. About 125% of the available leases in the Milwaukee are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
Even though the median size is 3,440 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this market are close to 2 stories. Most buildings in this market were built in 1955 and are Class B.