On average, listings lease in the $10's per square foot per year. The Sterling Heights region is going through a decline in rates. In the last 3 months, the median rate decreased $2 per sqft per year. That's a 10% decrease in rent.
Compared to the rest of the Metro Detroit market, the Sterling Heights submarket has less expensive rates, so you should have no trouble finding a great deal in this undervalued submarket.
In the last 90 days, 65 listings have been listed, so you'll want to check back regularly for new listings. 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 5,500 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this market are approximately 1 floors. Most buildings in this region were built in 1988 and are Class B.