Madison Heights Commercial Real Estate

Madison Heights

Market Report

Number of Listings
Posted in the last 90 days
6
Median Rate ($/sqft/yr)
$21
Median Size (sqft)
2,370

Madison Heights Rates

The typical asking rate per listing is in the $20's per square foot per year. The Madison Heights submarket is experiencing a an increase in rates. In the last 3 months, the median rate increased $5 per sqft per year. That's a 33% increase in rent.

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

Madison Heights Listing Supply

In the last 90 days, 152 listings have been listed, so you'll want to check back regularly for new listings. About 3% of the office spaces in the Madison Heights are subleases, so you will probably have to consider a longer term lease. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 2,120 sqft. Most buildings in this market are around 1 stories. Most buildings in this area were built in 1969 and are Class B.

Madison Heights Community

Market Data

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