Farmington Hills Industrial Space

Farmington Hills

Market Report

Number of Listings
Posted in the last 90 days
51
Median Rate ($/sqft/yr)
$24
Median Size (sqft)
1,720

Farmington Hills Rates

On average, listings lease in the $20's per square foot per year. The Farmington Hills region is experiencing a decrease in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 3% decline in rent.

Compared to the rest of the Metro Detroit market, the Farmington Hills region has greater rates, and you'll need to pay a premium to be in this hot region.

Farmington Hills Listing Supply

In the last 90 days, 1309 listings have been listed, so you'll want to check back regularly for new listings. About 3% of the listings in the Farmington Hills are subleases, so you will probably have to focus your search on direct office leases. 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 1,720 sqft. Most buildings in this area are close to 1 stories. Most buildings in this area were built in 1985 and are Class B.

Farmington Hills Community

Market Data

Real time and historical data on commercial real estate listings in Farmington Hills.
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