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 3% decrease in rent.
Compared to the rest of the Metro Detroit market, the Bingham Farms region has less expensive rates, so you should have no trouble finding a great deal in this discounted submarket.
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 available leases in the Bingham Farms are subleases, so you will probably have to focus your search on direct office leases. 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 2,340 sqft. Most buildings in this area are around 4 floors. Most buildings in this region 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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