Most listings are in the $0's per square foot per year. The Royal Oak submarket is experiencing a decrease in rates. In the last 3 months, the median rate fell $28 per sqft per year. That's a 100% decline in rent.
In the last 90 days, 40 listings have come on the market, which means spaces most likley are 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 posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around sqft. Most buildings in this region are close to 1 stories. Most buildings in this area were built in 1950 and are Class B.
This market is fairly equally mixed residential and commercial. Public administration is the dominant industry in this area. Commute by walking is the most popular way to get to work amongst Royal Oak residents. Commuting around an hour and a half a day is the norm for those who opt to reside in this part of town.