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.
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.
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.
Real time and historical data on commercial real estate listings in Downtown Ann Arbor.
Get email notifications when new listings are posted that match your requirements.