On average, listings lease in the $20's per square foot per year. The Troy submarket is seeing a an increase in rates. In the last 3 months, the median rate went up $20 per sqft per year.
Compared to the rest of the Metro Detroit market, the Troy region has less expensive rates, so you should have no trouble finding a great deal in this depreciated region.
In the last 90 days, 196 listings have been posted online, so you'll want to check back regularly for new listings. About 62% of the available leases in the Troy are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
Even though the median size is 2,930 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this market are approximately 1 floors. Most buildings in this market were built in 1983 and are Class B.