On average, listings lease in the $10's per square foot per year. The New Baltimore region is experiencing a an increase in rates. In the last 3 months, the median rate increased $4 per sqft per year. That's a 27% increase in rent.
Compared to the rest of the Metro Detroit market, the New Baltimore submarket has less expensive rates, so you should have no trouble finding a great deal in this depreciated submarket.
In the last 90 days, 9 listings have come on the market, which means listings most likley are leasing quickly. 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.
The standard measurement for office space in this area is around 1,440 sqft. Most buildings in this market are approximately 1 stories. Most buildings in this region were built in 1990 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 area. Commute by public transit is the most popular way to get to work amongst New Baltimore residents. Commuting under 5 minutes a day is the norm for those who opt to reside in this part of town.