On average, listings lease in the $10's per square foot per year. The Pontiac Commercial Historic District region is experiencing a a rise in rates. In the last 3 months, the median rate went up $18 per sqft per year.
Compared to the rest of the Metro Detroit market, the Pontiac Commercial Historic District region has less expensive rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 34 listings have come on the market, which means listings most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About 3% of the listings in the Pontiac Commercial Historic District are subleases, so you will probably need to sign a longer term lease with the landlord directly. 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 1,640 sqft. Most buildings in this region are approximately 3 stories. Most buildings in this region were built in 1920 and are Class B.
Professional services is the dominant industry in this area. Commute by walking is the most popular way to get to work amongst Pontiac Commercial Historic District residents. Commuting approximately 10 minutes a day is the norm for those who opt to reside in this part of town.