Southfield Downtown Retail

Southfield Downtown

Market Report

Number of Listings
Posted in the last 90 days
12
Median Rate ($/sqft/yr)
$16
Median Size (sqft)
790

Compared to the rest of the Metro Detroit market, the Southfield Downtown region has lower rates, so you should have no trouble finding a great deal in this discounted submarket.

Southfield Downtown Listing Supply

In the last 90 days, 269 listings have come on the market, so you'll want to check back regularly for new listings. About 4% of the listings in the Southfield Downtown are subleases, so you will probably have to focus your search on direct office leases. 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 790 sqft. Most buildings in this area are close to 12 floors. Most buildings in this region were built in 1973 and are Class B.

Southfield Downtown Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Utilities is the dominant industry in this area. Commute by public transit is the most popular way to get to work amongst Southfield Downtown residents. Commuting approximately 30 minutes 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 Southfield Downtown.
Research