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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 region is going through a a rise in rates. In the last 3 months, the median rate for lease went up $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 more expensive rates for rent, and you may need to make a great offer to be in this hot region.
In the last 90 days, 62 commercial real estate listings have been listed, so you'll want to check back regularly for new listings. 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 size for office space in this area is around 2,400 sqft. Most buildings in this area are close to 2 stories. Most buildings in this area were built around 1980 and are Class A.
Real time and historical data on commercial real estate listings in Bloomfield Hills.
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