The typical asking rate per listing is in the $10's per square foot per year. The Downtown Lathrup Village region is experiencing a a rise in rates. In the last 3 months, the median rate increased $17 per sqft per year.
Compared to the rest of the Metro Detroit market, the Downtown Lathrup Village submarket has lower rates, so you should have no trouble finding a great deal in this depreciated region.
In the last 90 days, 4 listings have been listed, which means office spaces most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. 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 2,340 sqft. Most buildings in this region are around 1 stories. Most buildings in this region were built in 1961 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Waste services is the dominant industry in this region. Commute by public transit is the most popular way to get to work amongst Downtown Lathrup Village occupants. Commuting close to 10 minutes a day is the norm for those who opt to reside in this part of town.