On average, listings lease in the $90's per square foot per year. The Southwest Warren submarket is going through a a boost in rates. In the last 3 months, the median rate increased $79 per sqft per year. That's a 521% increase in rent.
Compared to the rest of the Metro Detroit market, the Southwest Warren region has more expensive rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 4 listings have been posted online, which means office spaces most likley are going fast. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
Even though the median size is 4,890 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this area are close to 1 floors. Most buildings in this market were built in 1956 and are Class Class C.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Agriculture is the dominant industry in this region. Commute by taxi is the most popular way to get to work amongst Southwest Warren occupants. Commuting approximately 10 minutes a day is the norm for those who opt to reside in this part of town.