Detroit Industrial

Detroit

Office Space Market Report

Number of Listings (last 90 days)
105
Median Rate ($/sqft/yr)
$22
Median Size (sqft)
5,200
As of: June 29, 2017

Detroit Rates

Most listings are in the $20's per square foot per year. The Detroit region is experiencing a an increase in rates. In the last 3 months, the median rate increased $22 per sqft per year.

Compared to the rest of the Detroit market, the Detroit submarket has lower rates, so you should have no trouble finding a great deal in this discounted region.

Detroit Listing Supply

In the last 90 days, 105 listings have been listed, so you'll want to check back regularly for new listings. About 65% of the available space in the Detroit are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

Even though the median size is 9,600 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this area are approximately 2 floors. Most buildings in this market were built in 1940 and are Class B.

Detroit Community

Market Report

Trends and status of the commercial real estate market in Detroit.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Detroit.
Research