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The typical asking rate per commerial real estate listing leases is in the $30's per square foot per year. The Bloomfield Hills submarket is experiencing a a boost in rates. In the last 3 months, the median rate for lease increased $7 per sqft per year. That's a 23% rise in rent.
Compared to the rest of the Metro Detroit commercial real estate market, the Bloomfield Hills region has higher rates for rent, and you may need to pay a premium to be in this hot submarket.
In the last 90 days, 62 commercial real estate listings have come on the market, so you'll want to check back regularly for new listings. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
The standard size for office space in this area is around 2,400 sqft. Most buildings in this market are approximately 2 floors. Most buildings in this region were built approximately 1980 and are Class A.
Real time and historical data on commercial real estate listings in Bloomfield Hills.
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