Most listings are in the $10's per square foot per year. The Southgate region is experiencing a a rise in rates. In the last 3 months, the median rate rose $20 per sqft per year.
Compared to the rest of the Metro Detroit market, the Southgate submarket has less expensive rates, so you should have no trouble finding a great deal in this depreciated region.
In the last 90 days, 13 listings have been made available, which means new availabilities 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 available, so finding a space for a small business might be tough.
Even though the median size is 2,580 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this area are approximately 1 stories. Most buildings in this region were built in 1963 and are Class C.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Finance and insurance are the dominant industries in this market. Commute by public transit is the most popular way to get to work amongst Southgate folk. Commuting close to 30 minutes a day is the norm for those who opt to reside in this part of town.