On average, listings lease in the $20's per square foot per year. The Lake Orion submarket is experiencing a an increase in rates. In the last 3 months, the median rate increased $25 per sqft per year. That's a Inf% increase in rent.
Compared to the rest of the Metro Detroit market, the Lake Orion region has higher rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 6 listings have come on the market, which means spaces might be leasing quickly. You'll want to be prepared to make an offer immediately. 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 2,350 sqft. Most properties in this market are around 3 floors. Most buildings in this region were built in 1881 and are Class C.