Farmington Commercial Real Estate

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Transwestern
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31420 Northwestern Hwy - Space Farmington Hills, MI  
Sep 25
13,340
sqft
Office
Arboretum West - 4 Spaces Farmington, Farmington Hills, MI Parking.
Sep 25
1,506 - 44,551
sqft
Office
31690 Twelve Mile Rd - Space Farmington, Farmington Hills, MI flexible floor plan and plus electric
Sep 01
2,500
sqft
Industrial Mixed Use Office
32931 Middlebelt Rd - Space Farmington Hills, MI  
Aug 22
2,080
sqft
Office
27555 Executive Dr - 2 Spaces Farmington Hills, MI plus electricity
Aug 21
2,610 - 5,590
sqft
Office
23133 Orchard Lake Rd - Space Farmington, MI  
Jul 14
10,660
sqft
Office
Farmington's Sub Markets

Farmington

Market Report

Number of Listings
Posted in the last 90 days
43
Median Rate ($/sqft/yr)
$24
Median Size (sqft)
1,670

Farmington Rates

Most listings are in the $20's per square foot per year. The Farmington submarket is going through a an increase in rates. In the last 3 months, the median rate increased $1 per sqft per year. That's a 3% increase in rent.

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

Farmington Listing Supply

In the last 90 days, 1315 listings have come on the market, so you'll want to check back regularly for new listings. About 3% of the available space in the Farmington 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 1,670 sqft. Most properties in this region are close to 1 floors. Most buildings in this market were built in 1985 and are Class B.

Farmington Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Manufacturing is the dominant industry in this market. Commute by taxi is the most popular way to get to work amongst Farmington residents. Commuting under 5 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 Farmington.
Research