On average, listings lease in the $20's per square foot per year. The Dearborn submarket is going through a decrease in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 3% decline in rent.
Compared to the rest of the Metro Detroit market, the Dearborn region has higher rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 24 listings have been posted online, which means new listings 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.
Even though the median size is 5,800 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this region are approximately 1 floors. Most buildings in this area were built in 1982 and are Class Class B.