Central Ann Arbor Office Space

Central Ann Arbor

Market Report

Number of Listings
Posted in the last 90 days
7
Median Rate ($/sqft/yr)
$30
Median Size (sqft)
2,400

Central Ann Arbor Rates

Most listings are in the $40's per square foot per year. The Central Ann Arbor region is seeing a a boost in rates. In the last 3 months, the median rate went up $21 per sqft per year. That's a 85% rise in rent.

Central Ann Arbor Listing Supply

In the last 90 days, 218 listings have been posted online, so you'll want to check back regularly for new listings. About 1% of the listings in the Central Ann Arbor 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.

Even though the median size is 4,240 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this market are around 2 floors. Most buildings in this region were built in 1925 and are Class Class B.

Central Ann Arbor Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Manufacturing is the dominant industry in this area. Commute by public transit is the most popular way to get to work amongst Central Ann Arbor folk. Commuting between 30 and 45 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 Ann Arbor.
Research