Most listings are in the $20's per square foot per year. The Farmington submarket is experiencing a a boost in rates. In the last 3 months, the median rate rose $1 per sqft per year. That's a 6% rise in rent.
Compared to the rest of the Metro Detroit market, the Farmington region has greater rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 176 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 on the market, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 2,250 sqft. Most buildings in this area are around 1 floors. Most buildings in this region were built in 1984 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Manufacturing is the dominant industry in this region. Commute by taxi is the most popular way to get to work amongst Farmington residents. Commuting under 5 minutes a day is the norm for those who opt to reside in this part of town.