Downtown Detroit Commercial Real Estate For Sale

Downtown Detroit

Market Report

Number of Listings For Sale
Posted in the last 90 days
0
Median Size (sqft)
5,000

Downtown Detroit Commercial Real Estate

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

Downtown Detroit Rates

Most commerial real estate listings for lease are in the $20's per square foot per year. The Downtown Detroit submarket is experiencing a decrease in rates. In the last 3 months, the median rate for lease fell $3 per sqft per year.

Compared to the rest of the Detroit commercial real estate market, the Downtown Detroit region has greater rates for rent, and you may need to pay a premium to be in this hot submarket.

Downtown Detroit Listing Supply

In the last 90 days, 667 commercial real estate listings have been listed, so you'll want to check back regularly for new listings. About 0% of the commercial real estate listings in the Downtown Detroit 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 posted, so finding a space for a small business might be tough.

The standard size for office space in this area is around 5,000 sqft. Most properties in this region are around 4 floors. Most buildings in this region were built around 1925 and are Class B.

Downtown Detroit Community

A large portion of this region is residential, but there's plenty of office space. Construction is the dominant industry in this area. Commute by walking is the most popular way to get to work amongst Downtown Detroit residents. Commuting between 30 and 45 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 Downtown Detroit.
Research