Most listings are in the $10's per square foot per year. The Pontiac Commercial Historic District region is going through a a rise in rates. In the last 3 months, the median rate rose $1 per sqft per year. That's a 4% increase in rent.
Compared to the rest of the Metro Detroit market, the Pontiac Commercial Historic District submarket has smaller rates, so you should have no trouble finding a great deal in this depreciated submarket.
In the last 90 days, 15 listings have been made available, which means new availabilities 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.
The standard measurement for office space in this area is around 1,900 sqft. Most buildings in this market are around 3 stories. Most buildings in this market were built in 1920 and are Class B.
Professional services is the dominant industry in this region. Commute by walking is the most popular way to get to work amongst Pontiac Commercial Historic District occupants. Commuting close to 10 minutes a day is the norm for those who opt to reside in this part of town.