On average, listings lease in the $10's per square foot per year. The Warren region is experiencing a decline in rates. In the last 3 months, the median rate fell $3 per sqft per year. That's a 16% decrease in rent.
Compared to the rest of the Metro Detroit market, the Warren region has lower rates, so you should have no trouble finding a great deal in this depreciated region.
In the last 90 days, 375 listings have been listed, so you'll want to check back regularly for new listings. About 1% of the listings in the Warren are subleases, so you will probably need to sign a longer term lease with the landlord directly. 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 1,700 sqft. Most buildings in this area are close to 1 floors. Most buildings in this area were built in 1970 and are Class B.
Real time and historical data on commercial real estate listings in Warren.
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