The typical asking rate per listing is in the $20's per square foot per year. The South Ann Arbor region is going through a decrease in rates. In the last 3 months, the median rate decreased $2 per sqft per year. That's a 9% decrease in rent.
In the last 90 days, 28 listings have been listed, which means office spaces most likley are leasing quickly. 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.
Even though the median size is 4,690 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this region are around 1 floors. Most buildings in this region were built in 1977 and are Class Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Finance and insurance are the dominant industries in this area. Commute by taxi is the most popular way to get to work amongst South Ann Arbor folk. Commuting close to an hour a day is the norm for those who opt to reside in this part of town.