On average, listings lease in the $40's per square foot per year. The Bloomfield Hills submarket is seeing a an increase in rates. In the last 3 months, the median rate increased $10 per sqft per year. That's a 31% rise in rent.
Compared to the rest of the Metro Detroit market, the Bloomfield Hills submarket has more expensive rates, and you'll need to pay a premium to be in this hot region.
In the last 90 days, 2 listings have been made available, which means spaces might be going fast. You'll want to be prepared to make an offer immediately. 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 1,810 sqft. Most buildings in this region are approximately 2 floors. Most buildings in this region were built in 1980 and are Class A.