On average, listings lease in the $20's per square foot per year. The Rochester Hills region is going through a a boost in rates. In the last 3 months, the median rate increased $2 per sqft per year. That's a 9% increase in rent.
Compared to the rest of the Metro Detroit market, the Rochester Hills region has more expensive rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 10 listings have been made available, which means new listings might be going fast. You'll want to be prepared to make an offer immediately. About 40% of the listings in the Rochester Hills are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
Even though the median size is 3,220 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this market are around 1 floors. Most buildings in this market were built in 1988 and are Class Class B.