The typical asking rate per listing is in the $20's per square foot per year. The South Milwaukee submarket is going through a an increase in rates. In the last 3 months, the median rate went up $26 per sqft per year. That's a Inf% rise in rent.
Compared to the rest of the Milwaukee County market, the South Milwaukee submarket has higher rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 1 listings have been posted online, which means listings most likley are going fast. You'll want to be prepared to make an offer immediately. 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 460 sqft. Most properties in this region are approximately 2 stories. Most buildings in this area were built in 1929.