Compared to the rest of the Detroit market, the New Center submarket has lower rates, so you should have no trouble finding a great deal in this discounted region.
In the last 90 days, 1 listings have been made available, which means leases are probably going fast. You'll want to be prepared to make an offer immediately. About 600% of the office spaces in the New Center are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 960 sqft. Most properties in this area are around 4 floors. Most buildings in this area were built in 1935 and are Class A.
A large portion of this market is residential, but there's plenty of office_space. Education is the dominant industry in this region. Commute by bike is the most popular way to get to work amongst New Center residents. Commuting approximately an hour and a half a day is the norm for those who opt to reside in this part of town.