Traverse City Industrial

Traverse City

Market Report

Number of Listings
Posted in the last 90 days
0
Median Rate ($/sqft/yr)
$20
Median Size (sqft)
2,290

Traverse City Rates

The typical asking rate per listing is in the $10's per square foot per year. The Traverse City region is seeing a decrease in rates. In the last 3 months, the median rate decreased $4 per sqft per year. That's a 17% decrease in rent.

Traverse City Listing Supply

In the last 90 days, 111 listings have been posted online, so you'll want to check back regularly for new listings. About 1% of the office spaces in the Traverse City 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.

The standard measurement for office space in this area is around 2,290 sqft. Most buildings in this market are approximately 2 stories. Most buildings in this region were built in 1982 and are Class Class A.

Traverse City Community

Market Data

Real time and historical data on commercial real estate listings in Traverse City.
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