Bloomfield Hills Commercial Real Estate

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Colliers International
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40700 Woodward Ave - Entire Building Bloomfield Hills, MI plus electric
Sep 01
32,000
sqft
Office Medical
Bloomfield Hills' Sub Markets

Bloomfield Hills

Market Report

Number of Listings
Posted in the last 90 days
7
Median Rate ($/sqft/yr)
$30
Median Size (sqft)
13,730

Bloomfield Hills Rates

Most listings are in the $30's per square foot per year. The Bloomfield Hills region is experiencing a decrease in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 4% decline in rent.

Compared to the rest of the Metro Detroit market, the Bloomfield Hills submarket has greater rates, and you'll need to pay a premium to be in this hot region.

Bloomfield Hills Listing Supply

In the last 90 days, 62 listings have been posted online, so you'll want to check back regularly for new listings. About 13% of the available space in the Bloomfield Hills are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

Even though the median size is 13,730 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this market are close to 2 stories. Most buildings in this area were built in 1980 and are Class A.

Bloomfield Hills Community

Market Data

Real time and historical data on commercial real estate listings in Bloomfield Hills.
Research