Compared to the rest of the Metro Detroit market, the Ferndale submarket has higher rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 7 listings have come on the market, which means new availabilities are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 14% of the available leases in the Ferndale 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 1,350 sqft. Most properties in this area are approximately 1 floors. Most buildings in this market were built in 1953 and are Class Class B.