Bingham Farms Industrial

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Bingham Farms

Market Report

Number of Listings
Posted in the last 90 days
12
Median Rate ($/sqft/yr)
$20
Median Size (sqft)
2,620

Bingham Farms Rates

Most listings are in the $20's per square foot per year. The Bingham Farms submarket is going through a decline in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 6% decline in rent.

Compared to the rest of the Metro Detroit market, the Bingham Farms submarket has lower rates, so you should have no trouble finding a great deal in this depreciated region.

Bingham Farms Listing Supply

In the last 90 days, 369 listings have been made available, so you'll want to check back regularly for new listings. About 3% of the office spaces in the Bingham Farms are subleases, so you will probably have to consider a longer term lease. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

Even though the median size is 2,620 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this market are around 4 floors. Most buildings in this area were built in 1979 and are Class B.

Bingham Farms Community

Market Data

Real time and historical data on commercial real estate listings in Bingham Farms.
Research