The typical asking rate per listing is in the $20's per square foot per year. The Northfield region is experiencing a an increase in rates. In the last 3 months, the median rate increased $21 per sqft per year.
Compared to the rest of the Metro Detroit market, the Northfield region has less expensive rates, so you should have no trouble finding a great deal in this depreciated region.
In the last 90 days, 24 listings have come on the market, which means new listings are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 54% of the office spaces in the Northfield are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
Even though the median size is 3,820 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this region are close to 3 stories. Most buildings in this region were built in 1989 and are Class A.
Public administration is the dominant industry in this market. Most of the folk of Northfield work from home. Commuting approximately an hour a day is the norm for those who opt to reside in this part of town.