The typical asking rate per listing is in the $20's per square foot per year. The Detroit region is seeing a a boost in rates. In the last 3 months, the median rate went up $7 per sqft per year. That's a 29% rise in rent.
Compared to the rest of the Detroit market, the Detroit region has less expensive rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 103 listings have been posted online, so you'll want to check back regularly for new listings. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
Even though the median size is 8,240 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this region are close to 2 floors. Most buildings in this region were built in 1939 and are Class B.