Royal Oak Office Space

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32121 Woodward Ave - Space Royal Oak, Royal Oak, MI  
Sep 25
7,500
sqft
Office
400 S Main St - Space Downtown Royal Oak, Royal Oak, MI  
Sep 25
9,500
sqft
Office Retail
400 E 3rd St - Space Downtown Royal Oak, Royal Oak, MI  
Sep 25
30
sqft
Office
210 E 3rd St - Space Downtown Royal Oak, Royal Oak, MI  
Sep 25
3,550
sqft
Office
Downtown Office / Retail - Space Downtown Royal Oak, Royal Oak, MI  
Sep 21
4,920
sqft
Office Retail
905 S Main St - Space Royal Oak, MI  
Jun 09
18,790
sqft
Office Retail
2424 W 14 Mile Rd - Space Royal Oak, MI  
Apr 26
1,000
sqft
Office Retail
714 E 14 Mile Rd - Space Royal Oak, Royal Oak, MI Close Highway.
Apr 26
1,430
sqft
Office Retail
Royal Oak's Sub Markets

Royal Oak

Market Report

Number of Listings
Posted in the last 90 days
9
Median Rate ($/sqft/yr)
$22
Median Size (sqft)
1,250

Royal Oak Rates

The typical asking rate per listing is in the $20's per square foot per year. The Royal Oak region is experiencing a decrease in rates. In the last 3 months, the median rate decreased $7 per sqft per year. That's a 24% decrease in rent.

Compared to the rest of the Metro Detroit market, the Royal Oak submarket has less expensive rates, so you should have no trouble finding a great deal in this undervalued region.

Royal Oak Listing Supply

In the last 90 days, 220 listings have been listed, so you'll want to check back regularly for new listings. About 6% of the listings in the Royal Oak 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 posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,250 sqft. Most buildings in this area are around 1 stories. Most buildings in this area were built in 1952 and are Class B.

Royal Oak Community

This region is fairly equally mixed residential and commercial. Public administration is the dominant industry in this region. Commute by walking is the most popular way to get to work amongst Royal Oak occupants. Commuting close to an hour and a half 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 Royal Oak.
Research