On average, listings lease in the $20's per square foot per year. The Troy region is going through a a boost in rates. In the last 3 months, the median rate increased $3 per sqft per year. That's a 13% increase in rent.
Compared to the rest of the Metro Detroit market, the Troy submarket has greater rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 79 listings have been posted online, so you'll want to check back regularly for new listings. About 5% of the office spaces in the Troy are subleases, so you will probably need to consider the implications of signing a direct lease with the building. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
Even though the median size is 2,670 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this market are approximately 1 floors. Most buildings in this market were built in 1983 and are Class B.