Sterling Heights Industrial

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Sterling Heights

Market Report

Number of Listings
Posted in the last 90 days
9
Median Rate ($/sqft/yr)
$22
Median Size (sqft)
6,170

Sterling Heights Rates

The typical asking rate per listing is in the $20's per square foot per year. The Sterling Heights region is going through a a rise in rates. In the last 3 months, the median rate increased $2 per sqft per year. That's a 10% increase in rent.

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

Sterling Heights Listing Supply

In the last 90 days, 407 listings have been listed, so you'll want to check back regularly for new listings. About 4% of the listings in the Sterling Heights are subleases, so you will probably have to consider a longer term lease. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

Even though the median size is 6,170 sqft, there are still 0 leases below 2,000 sqft. Most properties in this region are close to 1 floors. Most buildings in this area were built in 1989 and are Class B.

Sterling Heights Community

Market Data

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