On average, listings lease in the $10's per square foot per year. The Macomb submarket is experiencing a decline in rates. In the last 3 months, the median rate fell $5 per sqft per year. That's a 20% decrease in rent.
Compared to the rest of the Metro Detroit market, the Macomb submarket has less expensive rates, so you should have no trouble finding a great deal in this depreciated region.
In the last 90 days, 7 listings have been made available, which means leases might be leasing quickly. You'll want to be prepared to make an offer immediately. About 14% of the available space in the Macomb are subleases, so you might be able to find a shorter term or below market rent. 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 3,750 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this area are around 1 floors. Most buildings in this market were built in 2003 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Manufacturing is the dominant industry in this area. Commute by walking is the most popular way to get to work amongst Macomb occupants. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.