On average, listings lease in the $10's per square foot per year. The Downtown Mount Clemens submarket is experiencing a decrease in rates. In the last 3 months, the median rate fell $21 per sqft per year. That's a 60% decline in rent.
Compared to the rest of the Metro Detroit market, the Downtown Mount Clemens submarket has less expensive rates, so you should have no trouble finding a great deal in this depreciated submarket.
In the last 90 days, 7 listings have been made available, which means leases most likley are 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 12,000 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this market are approximately 2 floors. Most buildings in this market were built in 0 and are Class Class B.
This area is fairly equally mixed residential and commercial. Education is the dominant industry in this region. Commute by car is the most popular way to get to work amongst Downtown Mount Clemens folk. Commuting around 30 minutes a day is the norm for those who opt to reside in this part of town.