On average, listings lease in the $10's per square foot per year. The Allen Park submarket is experiencing a a rise in rates. In the last 3 months, the median rate rose $16 per sqft per year.
Compared to the rest of the Metro Detroit market, the Allen Park region has less expensive rates, so you should have no trouble finding a great deal in this discounted region.
In the last 90 days, 8 listings have been listed, which means new availabilities might be going fast. You'll want to be prepared to make an offer immediately. About 25% of the available leases in the Allen Park 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 6,100 sqft, there are still 0 leases below 2,000 sqft. Most properties in this area are around 1 stories. Most buildings in this region were built in 1967 and are Class C.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Utilities is the dominant industry in this market. Commute by walking is the most popular way to get to work amongst Allen Park residents. Commuting close to an hour a day is the norm for those who opt to reside in this part of town.