On average, listings lease in the $20's per square foot per year. The Maple Road region is going through a a rise in rates. In the last 3 months, the median rate rose $24 per sqft per year.
Compared to the rest of the Metro Detroit market, the Maple Road region has more expensive rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 28 listings have been posted online, which means office spaces most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 4% of the listings in the Maple Road 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 available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,500 sqft. Most properties in this market are approximately 1 floors. Most buildings in this market were built in 1980 and are Class B.
A large portion of this area is residential, but there's plenty of office_space. Manufacturing is the dominant industry in this region. Commute by walking is the most popular way to get to work amongst Maple Road residents. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.
Real time and historical data on commercial real estate listings in Maple Road.
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