Sterling Heights Retail Space

Sterling Heights

Market Report

Number of Listings
Posted in the last 90 days
24
Median Rate ($/sqft/yr)
$18
Median Size (sqft)
3,400

Sterling Heights Rates

On average, listings lease in the $10's per square foot per year. The Sterling Heights submarket is seeing a decrease in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 7% decline in rent.

Compared to the rest of the Metro Detroit market, the Sterling Heights region has less expensive rates, so you should have no trouble finding a great deal in this discounted region.

Sterling Heights Listing Supply

In the last 90 days, 407 listings have been posted online, so you'll want to check back regularly for new listings. About 4% of the available space in the Sterling Heights 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 posted, so finding a space for a small business might be tough.

Even though the median size is 3,400 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this region are close to 1 floors. Most buildings in this market were built in 1989 and are Class B.

Sterling Heights Community

Market Data

Real time and historical data on commercial real estate listings in Sterling Heights.
Research