On average, listings lease in the $20's per square foot per year. The Rochester Hills submarket is experiencing a decline in rates. In the last 3 months, the median rate fell $3 per sqft per year. That's a 14% decline in rent.
Compared to the rest of the Metro Detroit market, the Rochester Hills region has smaller rates, so you should have no trouble finding a great deal in this depreciated region.
In the last 90 days, 11 listings have been listed, which means new availabilities might be leasing quickly. 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.
The standard measurement for office space in this area is around 1,640 sqft. Most properties in this region are approximately 1 stories. Most buildings in this area were built in 1987 and are Class Class B.