On average, listings lease in the $10's per square foot per year. The Millbrook submarket is going through a a boost in rates. In the last 3 months, the median rate went up $18 per sqft per year.
Compared to the rest of the Grand Rapids market, the Millbrook submarket has less expensive rates, so you should have no trouble finding a great deal in this depreciated region.
In the last 90 days, 1 listings have been made available, which means spaces might be leasing quickly. You'll want to be prepared to make an offer immediately. 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 1,900 sqft. Most buildings in this area are approximately 1 floors. Most buildings in this region were built in 1977 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Finance and insurance are the dominant industries in this region. Commute by car is the most popular way to get to work amongst Millbrook folk. Commuting approximately 30 minutes a day is the norm for those who opt to reside in this part of town.