Downtown Ann Arbor Retail Space

Downtown Ann Arbor

Market Report

Number of Listings
Posted in the last 90 days
5
Median Rate ($/sqft/yr)
$30
Median Size (sqft)
8,500

Downtown Ann Arbor Rates

Most listings are in the $30's per square foot per year. The Downtown Ann Arbor submarket is going through a decrease in rates. In the last 3 months, the median rate fell $16 per sqft per year. That's a 34% decrease in rent.

Downtown Ann Arbor Listing Supply

In the last 90 days, 190 listings have been posted online, so you'll want to check back regularly for new listings. About 1% of the office spaces in the Downtown 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 available, so finding a space for a small business might be tough.

Even though the median size is 8,500 sqft, there are still 0 leases below 2,000 sqft. Most properties in this area are around 2 stories. Most buildings in this market were built in 1925 and are Class Class B.

Downtown Ann Arbor Community

A large portion of this area is residential, but there's plenty of office_space. Public administration is the dominant industry in this region. Commute by public transit is the most popular way to get to work amongst Downtown Ann Arbor 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 Downtown Ann Arbor.
Research