Most listings are in the $20's per square foot per year. The Downtown Pontiac submarket is seeing a an increase in rates. In the last 3 months, the median rate went up $24 per sqft per year.
Compared to the rest of the Metro Detroit market, the Downtown Pontiac submarket has more expensive rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 2 listings have come on the market, which means office spaces might be leasing quickly. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
Even though the median size is 10,000 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this market are around 1 stories. Most buildings in this area were built in 1950 and are Class B.
A large portion of this area is residential, but there's plenty of office_space. Manufacturing is the dominant industry in this region. Commute by public transit is the most popular way to get to work amongst Downtown Pontiac residents. Commuting approximately 30 minutes a day is the norm for those who opt to reside in this part of town.