Most listings are in the $20's per square foot per year. The Bingham Farms submarket is going through a decline in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 6% decline in rent.
Compared to the rest of the Metro Detroit market, the Bingham Farms submarket has lower rates, so you should have no trouble finding a great deal in this depreciated region.
In the last 90 days, 369 listings have been made available, so you'll want to check back regularly for new listings. About 3% of the office spaces in the Bingham Farms are subleases, so you will probably have to consider a longer term lease. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
Even though the median size is 2,620 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this market are around 4 floors. Most buildings in this area were built in 1979 and are Class B.
Real time and historical data on commercial real estate listings in Bingham Farms.
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