The typical asking rate per listing is in the $20's per square foot per year. The Detroit submarket is seeing a a boost in rates. In the last 3 months, the median rate rose $7 per sqft per year. That's a 29% increase in rent.
Compared to the rest of the Detroit market, the Detroit submarket has less expensive rates, so you should have no trouble finding a great deal in this discounted submarket.
In the last 90 days, 103 listings have come on the market, so you'll want to check back regularly for new listings. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
Even though the median size is 8,240 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this area are approximately 2 floors. Most buildings in this area were built in 1939 and are Class B.