Royal Oak Retail

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Royal Oak

Market Report

Number of Listings
Posted in the last 90 days
8
Median Rate ($/sqft/yr)
$28
Median Size (sqft)
1,250

Compared to the rest of the Metro Detroit market, the Royal Oak region has more expensive rates, and you'll need to make a great offer to be in this hot submarket.

Royal Oak Listing Supply

In the last 90 days, 220 listings have been made available, so you'll want to check back regularly for new listings. About 5% of the available leases in the Royal Oak are subleases, so you will probably need to consider the implications of signing a direct lease with the building. There aren't many listings below 2,000 square feet available, 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 close to 1 floors. Most buildings in this region were built in 1950 and are Class B.

Royal Oak Community

This region is fairly equally mixed residential and commercial. Public administration is the dominant industry in this region. Commute by walking is the most popular way to get to work amongst Royal Oak residents. Commuting around 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 Royal Oak.
Research