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Detroit Commercial Real Estate For Lease

660 Woodward Ave - Space Downtown Detroit, Detroit, MI  
Dec 18
2,750
sqft
Sublease Office

Detroit

Market Report

Number of Listings For Lease
Posted in the last 90 days
72
Median Rate ($/sqft/yr)
$22
Median Size (sqft)
1,100

Detroit Commercial Real Estate

Find Detroit commercial real estate for sale and for lease on 42Floors, the commercial real estate search engine. Listings cover all types of properties including Retail, Office Space, Industrial, Medical and much more. Find a Detroit commercial real estate broker in Detroit's Top Broker Directory. Learn about Detroit commercial real estate trends in 42Floors Research. Learn tips, tricks, and jargon about leasing or buying commercial real estate in 42Floors EDU.

Detroit Rates

Most commerial real estate listings for lease are in the $20's per square foot per year. The Detroit region is going through a decline in rates. In the last 3 months, the median rate for lease fell $9 per sqft per year.

Compared to the rest of the Detroit commercial real estate market, the Detroit submarket has smaller rates, so you should have no trouble finding a great deal in this undervalued region.

Detroit Listing Supply

In the last 90 days, 1115 commercial real estate listings have been listed, so you'll want to check back regularly for new listings. About 0% of the available commercial real estate space in the Detroit are subleases, so you will probably need to sign a longer term lease with the landlord directly. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

The standard size for office space in this area is around 1,100 sqft. Most buildings in this area are around 2 stories. Most buildings in this region were built approximately 1940 and are Class .

Detroit Community

Market Data

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