The typical asking rate per listing is in the $10's per square foot per year. The Romulus submarket is seeing a an increase in rates. In the last 3 months, the median rate went up $14 per sqft per year.
Compared to the rest of the Metro Detroit market, the Romulus submarket has less expensive rates, so you should have no trouble finding a great deal in this undervalued submarket.
In the last 90 days, 2 listings have been made available, which means spaces might be leasing quickly. You'll want to be prepared to make an offer immediately. 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 20,920 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this region are approximately 1 stories. Most buildings in this area were built in 1982 and are Class C.