The typical asking rate per listing is in the $10's per square foot per year. The North Dearborn Park submarket is seeing a an increase in rates. In the last 3 months, the median rate increased $1 per sqft per year. That's a 7% rise in rent.
Compared to the rest of the Metro Detroit market, the North Dearborn Park region has smaller rates, so you should have no trouble finding a great deal in this discounted region.
In the last 90 days, 2 listings have been made available, which means leases most likley are going fast. 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 770 sqft. Most buildings in this region are close to 3 floors. Most buildings in this area were built in 1985 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Manufacturing is the dominant industry in this market. Commute by car is the most popular way to get to work amongst North Dearborn Park residents. Commuting under 5 minutes a day is the norm for those who opt to reside in this part of town.