The typical asking rate per listing is in the $10's per square foot per year. The South Lyon submarket is seeing a decrease in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 7% decrease in rent.
Compared to the rest of the Metro Detroit market, the South Lyon submarket has lower rates, so you should have no trouble finding a great deal in this depreciated region.
In the last 90 days, 1 listings have been made available, which means listings 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 600 sqft. Most properties in this region are around 2 floors. Most buildings in this market were built in 1978 and are Class B.