Most listings are in the $20's per square foot per year. The SMB Estates region is going through a a rise in rates. In the last 3 months, the median rate went up $8 per sqft per year. That's a 56% increase in rent.
Compared to the rest of the Metro Detroit market, the SMB Estates region has higher rates, and you'll need to pay a premium to be in this hot region.
In the last 90 days, 2 listings have come on the market, 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 available, so finding a space for a small business might be tough.
Even though the median size is 2,610 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this region are approximately 1 floors. Most buildings in this market were built in 1979 and are Class C.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Utilities is the dominant industry in this market. Commute by motorcycle is the most popular way to get to work amongst SMB Estates folk. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.