Compared to the rest of the Metro Detroit market, the Downtown Ferndale submarket has greater 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 new availabilities are probably leasing quickly. 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.
The standard measurement for office space in this area is around 1,350 sqft. Most properties in this market are approximately 1 floors. Most buildings in this region were built in 1959 and are Class C.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Health care is the dominant industry in this region. Commute by bike is the most popular way to get to work amongst Downtown Ferndale folk. Commuting under 5 minutes a day is the norm for those who opt to reside in this part of town.