On average, listings lease in the $10's per square foot per year. The Pontiac Commercial Historic District region is seeing a a boost in rates. In the last 3 months, the median rate increased $18 per sqft per year.
Compared to the rest of the Metro Detroit market, the Pontiac Commercial Historic District submarket has less expensive rates, so you should have no trouble finding a great deal in this discounted region.
In the last 90 days, 34 listings have been posted online, which means new listings might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,640 sqft. Most buildings in this market are close to 3 floors. Most buildings in this area were built in 1920 and are Class B.
Professional services is the dominant industry in this area. Commute by walking is the most popular way to get to work amongst Pontiac Commercial Historic District residents. Commuting close to 10 minutes a day is the norm for those who opt to reside in this part of town.