Most listings are in the $20's per square foot per year. The Northfield region is seeing a decrease in rates. In the last 3 months, the median rate decreased $3 per sqft per year. That's a 13% decrease in rent.
Compared to the rest of the Metro Detroit market, the Northfield region has smaller rates, so you should have no trouble finding a great deal in this discounted region.
In the last 90 days, 2 listings have come on the market, which means office spaces most likley are going fast. You'll want to be prepared to make an offer immediately. 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 4,110 sqft, there are still 0 leases below 2,000 sqft. Most properties in this area are approximately 3 stories. Most buildings in this market were built in 1989 and are Class A.
Public administration is the dominant industry in this region. Most of the residents of Northfield work from home. Commuting close to an hour a day is the norm for those who opt to reside in this part of town.