Downtown Royal Oak Retail

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Downtown Royal Oak

Market Report

Number of Listings
Posted in the last 90 days
4
Median Rate ($/sqft/yr)
$20
Median Size (sqft)
1,250

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

Downtown Royal Oak Listing Supply

In the last 90 days, 81 listings have been made available, so you'll want to check back regularly for new listings. About 7% of the available space in the Downtown Royal Oak are subleases, so you will probably have to consider a longer term lease. 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 1,250 sqft. Most properties in this market are approximately 2 stories. Most buildings in this area were built in 0 and are Class A.

Downtown Royal Oak Community

Arts, entertainment, and restaurants are the dominant industries in this market. Commute by car is the most popular way to get to work amongst Downtown Royal Oak folk. Commuting more than 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 Royal Oak.
Research