On average, listings lease in the $20's per square foot per year. The Berkley submarket is going through a a boost in rates. In the last 3 months, the median rate rose $7 per sqft per year. That's a 34% increase in rent.
Compared to the rest of the Metro Detroit market, the Berkley region has higher rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 2 listings have been posted online, which means leases might be 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 available, so finding a space for a small business might be tough.
Even though the median size is 3,410 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this region are approximately 1 stories. Most buildings in this area were built in 1950 and are Class A.