The typical asking rate per listing is in the $10's per square foot per year. The Northwest Warren region is seeing a decrease in rates. In the last 3 months, the median rate decreased $8 per sqft per year. That's a 30% decline in rent.
Compared to the rest of the Metro Detroit market, the Northwest Warren region has smaller rates, so you should have no trouble finding a great deal in this discounted submarket.
In the last 90 days, 4 listings have been posted online, which means listings 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 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 1,380 sqft. Most buildings in this area are around 1 stories. Most buildings in this region were built in 1987 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Education is the dominant industry in this region. Commute by public transit is the most popular way to get to work amongst Northwest Warren residents. Commuting around 30 minutes a day is the norm for those who opt to reside in this part of town.