Most listings are in the $30's per square foot per year. The Bloomfield Hills submarket is seeing a a boost in rates. In the last 3 months, the median rate increased $5 per sqft per year. That's a 17% increase in rent.
Compared to the rest of the Metro Detroit market, the Bloomfield Hills region has higher rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 5 listings have been made available, which means office spaces might be going fast. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
Even though the median size is 9,690 sqft, there are still 0 leases below 2,000 sqft. Most properties in this market are close to 3 floors. Most buildings in this market were built in 1980 and are Class A.