The typical asking rate per listing is in the $20's per square foot per year. The Dearborn region is experiencing a decline in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 3% decrease in rent.
Compared to the rest of the Metro Detroit market, the Dearborn region has higher rates, and you'll need to pay a premium to be in this hot region.
In the last 90 days, 19 listings have been made available, which means spaces are probably leasing quickly. 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 3,310 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this market are approximately 1 stories. Most buildings in this region were built in 1983 and are Class Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Public administration is the dominant industry in this market. Most of the folk of Dearborn work from home. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.