On average, listings lease in the $20's per square foot per year. The Sterling Heights region is seeing a decline in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 4% decline in rent.
Compared to the rest of the Metro Detroit market, the Sterling Heights submarket has less expensive rates, so you should have no trouble finding a great deal in this discounted submarket.
In the last 90 days, 65 listings have been listed, so you'll want to check back regularly for new listings. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
Even though the median size is 4,880 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this area are around 1 floors. Most buildings in this market were built in 1988 and are Class B.