The typical asking rate per listing is in the $20's per square foot per year. The Bingham Farms region is seeing a decrease in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 3% decline in rent.
Compared to the rest of the Metro Detroit market, the Bingham Farms submarket has smaller rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 51 listings have been made available, so you'll want to check back regularly for new listings. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
Even though the median size is 2,630 sqft, there are still 0 leases below 2,000 sqft. Most properties in this area are around 4 floors. Most buildings in this region were built in 1979 and are Class B.