On average, listings lease in the $30's per square foot per year. The Northville submarket is experiencing a a boost in rates. In the last 3 months, the median rate rose $4 per sqft per year. That's a 16% rise in rent.
Compared to the rest of the Metro Detroit market, the Northville region has more expensive rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 7 listings have been listed, which means office spaces 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.
The standard measurement for office space in this area is around 1,200 sqft. Most properties in this market are close to 2 stories. Most buildings in this region were built in 1984 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Company management is the dominant industry in this market. Most of the occupants of Northville work from home. Commuting approximately an hour and a half a day is the norm for those who opt to reside in this part of town.