The typical asking rate per listing is in the $10's per square foot per year. The Commerce Township Downtown 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 Commerce Township Downtown submarket has lower rates, so you should have no trouble finding a great deal in this depreciated submarket.
In the last 90 days, 0 listings have been made available, which means leases might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About Inf% of the available space in the Commerce Township Downtown are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,040 sqft. Most buildings in this market are around 1 stories. Most buildings in this region were built in 1987 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Education is the dominant industry in this market. Most of the occupants of Commerce Township Downtown work from home. Commuting under 5 minutes a day is the norm for those who opt to reside in this part of town.