Michigan Retail

1179 32nd St - Space , MI  
Oct 17
198,650
sqft
Industrial Retail
7399 Middlebelt Rd - Space West Bloomfield, , MI  
Oct 15
14,640
sqft
Office Retail
5238 Lapeer Rd - 2 Spaces Burton, MI  
Oct 14
4,330 - 10,250
sqft
Retail
45556 Woodward Ave - Space Pontiac, MI  
Oct 13
6,000
sqft
Office Retail
Utica Plaza - Space Fraser, Fraser, MI  
Oct 11
5,300
sqft
Office Retail
3556 Avon St - Space , MI tenant pays for utilities
Oct 10
970
sqft
Office Medical Retail
3552 Avon St - Space , MI tenant pays utilities
Oct 10
1,330
sqft
Office Medical Retail
3080 S Linden Rd - 5 Spaces , MI HVAC
Oct 06
2,710 - 82,130
sqft
Retail
8947 M-140 - Space South Haven, MI HVAC
Oct 05
3,500
sqft
Retail

Michigan

Market Report

Number of Listings
Posted in the last 90 days
1757
Median Rate ($/sqft/yr)
$21
Median Size (sqft)
2,280

Michigan Rates

The typical asking rate per listing is in the $20's per square foot per year. The Michigan region is seeing a decline in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 3% decrease in rent.

Michigan Listing Supply

In the last 90 days, 29003 listings have come on the market, so you'll want to check back regularly for new listings. About 5% of the available space in the Michigan are subleases, so you will probably need to sign a longer term lease with the landlord directly. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 2,280 sqft. Most properties in this market are around 1 floors. Most buildings in this region were built in 1970 and are Class B.

Michigan Community

Market Data

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