The typical asking rate per listing is in the $100'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 increased $107 per sqft per year.
Compared to the rest of the Metro Detroit market, the Bloomfield Hills region has greater rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 6 listings have been made available, which means leases 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 on the market, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 200 sqft. Most buildings in this market are close to 2 stories. Most buildings in this area were built in 1980 and are Class A.