On average, listings lease in the $30's per square foot per year. The South Ann Arbor region is seeing a a rise in rates. In the last 3 months, the median rate increased $2 per sqft per year. That's a 7% rise in rent.
In the last 90 days, 410 listings have been listed, so you'll want to check back regularly for new listings. About 3% 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 spaces below 2,000 sqft. Most properties in this area are approximately 1 floors. Most buildings in this area 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 area. Commute by taxi is the most popular way to get to work amongst South Ann Arbor occupants. Commuting approximately 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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