Compared to the rest of the Metro Detroit market, the Royal Oak submarket has greater rates, and you'll need to pay a premium to be in this hot region.
In the last 90 days, 47 listings have been made available, so you'll want to check back regularly for new listings. About 2% of the office spaces in the Royal Oak 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 on the market, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 2,470 sqft. Most properties in this area are approximately 1 floors. Most buildings in this market were built in 1950 and are Class B.
This region is fairly equally mixed residential and commercial. Public administration is the dominant industry in this market. Commute by walking is the most popular way to get to work amongst Royal Oak residents. Commuting around an hour and a half a day is the norm for those who opt to reside in this part of town.