Most listings are in the $20's per square foot per year. The South Ann Arbor region is experiencing a a boost in rates. In the last 3 months, the median rate rose $26 per sqft per year.
In the last 90 days, 25 listings have been listed, which means new listings are probably going fast. You'll want to be prepared to make an offer immediately. About 72% of the available leases in the South Ann Arbor are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 2,250 sqft. Most properties in this area are approximately 1 floors. Most buildings in this market were built in 1977 and are 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 region. 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.