The typical asking rate per listing is in the $30's per square foot per year. The Grosse Pointe region is seeing a a boost in rates. In the last 3 months, the median rate went up $36 per sqft per year.
Compared to the rest of the Metro Detroit market, the Grosse Pointe 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, 2 listings have been made available, which means new listings are probably going fast. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
Even though the median size is 5,000 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this market are close to 1 floors. Most buildings in this market were built in 1963 and are Class A.