The typical asking rate per listing is in the $20's per square foot per year. The Farmington region is going through a a boost in rates. In the last 3 months, the median rate increased $24 per sqft per year.
Compared to the rest of the Metro Detroit market, the Farmington region has higher rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 176 listings have been posted online, so you'll want to check back regularly for new listings. About 39% of the office spaces in the Farmington 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 posted, so finding a space for a small business might be tough.
Even though the median size is 3,300 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this area are around 1 floors. Most buildings in this market were built in 1984 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Manufacturing is the dominant industry in this area. Commute by taxi is the most popular way to get to work amongst Farmington folk. Commuting under 5 minutes a day is the norm for those who opt to reside in this part of town.