Most listings are in the $20's per square foot per year. The South Ann Arbor submarket is experiencing a decline in rates. In the last 3 months, the median rate fell $5 per sqft per year. That's a 17% decrease in rent.
In the last 90 days, 410 listings have come on the market, so you'll want to check back regularly for new listings. About 5% of the listings in the South Ann Arbor 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.
Even though the median size is 3,650 sqft, there are still 0 listings below 2,000 sqft. Most properties in this region are close to 1 floors. Most buildings in this market were built in 1978 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Finance and insurance are the dominant industries in this market. Commute by taxi is the most popular way to get to work amongst South Ann Arbor folk. Commuting around an hour a day is the norm for those who opt to reside in this part of town.
Real time and historical data on commercial real estate listings in South Ann Arbor.
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