On average, listings lease in the $20's per square foot per year. The Rochester Hills region is seeing a decrease 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 submarket.
In the last 90 days, 8 listings have been made available, which means new listings might be going fast. You'll want to be prepared to make an offer immediately. 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 1,640 sqft. Most properties in this area are approximately 1 stories. Most buildings in this market were built in 1987 and are Class Class B.