The Smart Zone Commercial Real Estate For Lease

The Smart Zone

Market Report

Number of Listings For Lease
Posted in the last 90 days
0
Median Rate ($/sqft/yr)
$18
Median Size (sqft)
17,390

The Smart Zone Commercial Real Estate

Find The Smart Zone 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 The Smart Zone commercial real estate broker in The Smart Zone's Top Broker Directory. Learn about The Smart Zone commercial real estate trends in 42Floors Research. Learn tips, tricks, and jargon about leasing or buying commercial real estate in 42Floors EDU.

The Smart Zone Rates

On average, commerial real estate listings lease in the $10's per square foot per year. The The Smart Zone region is seeing a a rise in rates. In the last 3 months, the median rate for lease increased $18 per sqft per year.

Compared to the rest of the Metro Detroit commercial real estate market, the The Smart Zone submarket has lower rates, so you should have no trouble finding a great deal in this depreciated submarket.

The Smart Zone Listing Supply

In the last 90 days, 67 commercial real estate listings have been made available, so you'll want to check back regularly for new listings. 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 17,390 sqft. Most properties in this market are approximately 1 stories. Most buildings in this region were built around 1986 and are Class B.

The Smart Zone Community

This region is fairly equally mixed residential and commercial. Company management is the dominant industry in this region. Commute by car is the most popular way to get to work amongst The Smart Zone folk. Commuting more than an hour and a half 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 The Smart Zone.
Research