Compared to the rest of the Metro Detroit market, the Waterford submarket has lower rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 35 listings have been posted online, which means new listings are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 9% of the available space in the Waterford are subleases, so you will probably have to focus your search on direct office leases. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,200 sqft. Most buildings in this area are approximately 1 stories. Most buildings in this market were built in 1962 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Agriculture is the dominant industry in this market. Commute by motorcycle is the most popular way to get to work amongst Waterford folk. Commuting under 5 minutes a day is the norm for those who opt to reside in this part of town.