On average, listings lease in the $100's per square foot per year. The Bloomfield Hills submarket is seeing a a rise in rates. In the last 3 months, the median rate increased $107 per sqft per year.
Compared to the rest of the Metro Detroit market, the Bloomfield Hills region has higher rates, and you'll have to negotiate above asking rent to be in this hot region.
In the last 90 days, 6 listings have come on the market, 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.
The standard measurement for office space in this area is around 200 sqft. Most buildings in this region are approximately 2 floors. Most buildings in this area were built in 1980 and are Class A.