Most listings are in the $20's per square foot per year. The Northville submarket is experiencing a decline in rates. In the last 3 months, the median rate fell $2 per sqft per year. That's a 8% decline in rent.
Compared to the rest of the Metro Detroit market, the Northville region has greater rates, and you'll need to pay a premium to be in this hot region.
In the last 90 days, 24 listings have come on the market, which means office spaces might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 4% of the available space in the Northville are subleases, so you will probably have to focus your search on direct office leases. 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 3,770 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this market are approximately 2 floors. Most buildings in this area were built in 1984 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Company management is the dominant industry in this market. Most of the folk of Northville work from home. Commuting approximately an hour and a half a day is the norm for those who opt to reside in this part of town.