Corktown Industrial


Office Space Market Report

Number of Listings (last 90 days)
Median Rate ($/sqft/yr)
Median Size (sqft)
As of: October 26, 2016

Corktown Rates

On average, listings lease in the $20's per square foot per year. The Corktown submarket is experiencing a a boost in rates. In the last 3 months, the median rate rose $5 per sqft per year. That's a 27% rise in rent.

Compared to the rest of the Detroit market, the Corktown submarket has more expensive rates, and you'll need to pay a premium to be in this hot submarket.

Corktown Listing Supply

In the last 90 days, 4 listings have been made available, which means leases are probably 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 6,580 sqft, there are still 0 leases below 2,000 sqft. Most properties in this region are close to 3 stories. Most buildings in this market were built in 1921 and are Class B.

Corktown Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Information is the dominant industry in this market. Most of the residents of Corktown work from home. Commuting around 20 minutes 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 Corktown.
Market Report

Market Data

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