On average, listings lease in the $20's per square foot per year. The Bingham Farms region is going through a a rise in rates. In the last 3 months, the median rate increased $3 per sqft per year. That's a 12% increase in rent.
Compared to the rest of the Metro Detroit market, the Bingham Farms region has more expensive rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 4 listings have been posted online, which means office spaces are probably leasing quickly. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,150 sqft. Most buildings in this market are approximately 4 stories. Most buildings in this region were built in 1979 and are Class B.