Most listings are in the $20's per square foot per year. The Downtown Lathrup Village region is seeing a an increase in rates. In the last 3 months, the median rate rose $23 per sqft per year.
Compared to the rest of the Metro Detroit market, the Downtown Lathrup Village submarket has greater rates, and you'll need to pay a premium to be in this hot region.
In the last 90 days, 4 listings have been listed, which means new listings 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 1,150 sqft. Most buildings in this region are close to 1 floors. Most buildings in this market were built in 1961 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Waste services is the dominant industry in this market. Commute by public transit is the most popular way to get to work amongst Downtown Lathrup Village folk. Commuting around 10 minutes a day is the norm for those who opt to reside in this part of town.