On average, listings lease in the $20's per square foot per year. The Farmington Hills submarket is experiencing a an increase in rates. In the last 3 months, the median rate increased $1 per sqft per year. That's a 3% increase in rent.
Compared to the rest of the Metro Detroit market, the Farmington Hills submarket has more expensive rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 168 listings have been made available, so you'll want to check back regularly for new listings. 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 3,300 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this region are close to 1 stories. Most buildings in this region were built in 1986 and are Class B.