On average, listings lease in the $20's per square foot per year. The Lathrup Village submarket is going through a a boost in rates. In the last 3 months, the median rate went up $7 per sqft per year. That's a 46% rise in rent.
Compared to the rest of the Metro Detroit market, the Lathrup Village region has higher rates, and you'll have to negotiate above asking rent to be in this hot region.
In the last 90 days, 4 listings have been made available, which means new listings might be going fast. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,150 sqft. Most properties in this area are approximately 2 stories. Most buildings in this market were built in 1966 and are Class B.