On average, listings lease in the $20's per square foot per year. The Sterling Heights submarket is experiencing a an increase in rates. In the last 3 months, the median rate increased $1 per sqft per year. That's a 6% increase in rent.
Compared to the rest of the Metro Detroit market, the Sterling Heights region has greater rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 65 listings have been made available, so you'll want to check back regularly for new listings. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
Even though the median size is 3,530 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this market are close to 1 stories. Most buildings in this area were built in 1988 and are Class B.