Most listings are in the $20's per square foot per year. The Oakland County region is experiencing a an increase in rates. In the last 3 months, the median rate increased $1 per sqft per year. That's a 2% increase in rent.
Compared to the rest of the Metro Detroit market, the Oakland County submarket has lower rates, so you should have no trouble finding a great deal in this undervalued submarket.
In the last 90 days, 8854 listings have been made available, so you'll want to check back regularly for new listings. About 4% of the office spaces in the Oakland County are subleases, so you will probably need to consider the implications of signing a direct lease with the building. 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 2,310 sqft. Most properties in this region are around 1 floors. Most buildings in this area were built in 1978 and are Class B.
Real time and historical data on commercial real estate listings in Oakland County.
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