On average, listings lease in the $10's per square foot per year. The Okemos submarket is seeing a an increase in rates. In the last 3 months, the median rate rose $1 per sqft per year. That's a 7% rise in rent.
In the last 90 days, 462 listings have come on the market, so you'll want to check back regularly for new listings. About 2% of the office spaces in the Okemos 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 on the market, so finding a space for a small business might be tough.
Even though the median size is 2,670 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this market are around 1 floors. Most buildings in this market were built in 1985 and are Class A.
Real time and historical data on commercial real estate listings in Okemos.
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