South Ann Arbor Industrial

South Ann Arbor

Office Space Market Report

Number of Listings (last 90 days)
25
Median Rate ($/sqft/yr)
$26
Median Size (sqft)
2,840
As of: May 28, 2017

South Ann Arbor Rates

Most listings are in the $20's per square foot per year. The South Ann Arbor submarket is experiencing a decrease in rates. In the last 3 months, the median rate decreased $5 per sqft per year. That's a 15% decrease in rent.

South Ann Arbor Listing Supply

In the last 90 days, 25 listings have been posted online, which means listings most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

Even though the median size is 2,840 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this market are approximately 1 floors. Most buildings in this market were built in 1977 and are Class B.

South Ann Arbor Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Finance and insurance are the dominant industries in this region. Commute by taxi is the most popular way to get to work amongst South Ann Arbor residents. Commuting close to an hour a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in South Ann Arbor.
Market Report

Market Data

Real time and historical data on commercial real estate listings in South Ann Arbor.
Research