On average, listings lease in the $10's per square foot per year. The Southgate submarket is seeing a an increase in rates. In the last 3 months, the median rate increased $20 per sqft per year.
Compared to the rest of the Metro Detroit market, the Southgate region has less expensive rates, so you should have no trouble finding a great deal in this depreciated submarket.
In the last 90 days, 10 listings have come on the market, which means new listings 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 posted, so finding a space for a small business might be tough.
Even though the median size is 2,740 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this area are close to 1 floors. Most buildings in this market were built in 1963 and are Class C.