Compared to the rest of the Detroit market, the Central submarket has lower rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 8 listings have been posted online, which means leases are probably 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 on the market, so finding a space for a small business might be tough.
Even though the median size is 6,450 sqft, there are still 0 leases below 2,000 sqft. Most properties in this area are close to 3 stories. Most buildings in this region were built in 1931 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Information is the dominant industry in this area. Commute by public transit is the most popular way to get to work amongst Central residents. Commuting around 15 minutes a day is the norm for those who opt to reside in this part of town.