Compared to the rest of the Metro Detroit market, the Royal Oak submarket has lower rates, so you should have no trouble finding a great deal in this undervalued submarket.
In the last 90 days, 11 listings have been listed, which means leases are probably going fast. You'll want to be prepared to tour spaces as quick as possible. 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 12,200 sqft, there are still 0 leases below 2,000 sqft. Most properties in this area are close to 1 stories. Most buildings in this market were built in 1946 and are Class Class B.