Compared to the rest of the Metro Detroit market, the Downtown Troy submarket has smaller rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 88 listings have come on the market, so you'll want to check back regularly for new listings. About 5% of the listings in the Downtown Troy are subleases, so you will probably need to sign a longer term lease with the landlord directly. 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 2,820 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this region are close to 3 stories. Most buildings in this region were built in 1985 and are Class B.
Arts, entertainment, and restaurants are the dominant industries in this area. Most of the folk of Downtown Troy work from home. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.