Central Industrial

Central

Market Report

Number of Listings
Posted in the last 90 days
1
Median Rate ($/sqft/yr)
$22
Median Size (sqft)
490

Compared to the rest of the Detroit market, the Central submarket has lower rates, so you should have no trouble finding a great deal in this undervalued submarket.

Central Listing Supply

In the last 90 days, 143 listings have come on the market, so you'll want to check back regularly for new listings. About 1% of the office spaces in the Central are subleases, so you will probably need to consider the implications of signing a direct lease with the building. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 490 sqft. Most buildings in this area are around 4 floors. Most buildings in this market were built in 1929 and are Class A.

Central Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Information is the dominant industry in this region. Commute by public transit is the most popular way to get to work amongst Central residents. Commuting approximately 15 minutes a day is the norm for those who opt to reside in this part of town.

Market Data

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