On average, listings lease in the $20's per square foot per year. The Rochester region is going through a an increase in rates. In the last 3 months, the median rate went up $3 per sqft per year. That's a 13% rise in rent.
Compared to the rest of the Metro Detroit market, the Rochester region has greater rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 15 listings have been listed, which means new availabilities are probably going fast. You'll want to be prepared to tour spaces as quick as possible. 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 1,920 sqft. Most buildings in this area are approximately 1 floors. Most buildings in this market were built in 1986 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Public administration is the dominant industry in this area. Commute by walking is the most popular way to get to work amongst Rochester residents. Commuting under 5 minutes a day is the norm for those who opt to reside in this part of town.