On average, listings lease in the $50's per square foot per year. The Downtown Mount Clemens region is experiencing a an increase in rates. In the last 3 months, the median rate increased $53 per sqft per year.
Compared to the rest of the Metro Detroit market, the Downtown Mount Clemens region has higher rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 10 listings have been posted online, which means new availabilities are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 80% of the listings in the Downtown Mount Clemens are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,300 sqft. Most properties in this market are approximately 2 floors. Most buildings in this area were built in 1840 and are Class B.
Education is the dominant industry in this market. Commute by car is the most popular way to get to work amongst Downtown Mount Clemens occupants. Commuting approximately 30 minutes a day is the norm for those who opt to reside in this part of town.