On average, listings lease in the $40's per square foot per year. The Bloomfield Hills region is experiencing a an increase in rates. In the last 3 months, the median rate went up $10 per sqft per year. That's a 31% increase in rent.
Compared to the rest of the Metro Detroit market, the Bloomfield Hills submarket has more expensive rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 6 listings have been made available, which means office spaces might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,810 sqft. Most buildings in this region are around 2 stories. Most buildings in this market were built in 1980 and are Class A.