Downtown Detroit Industrial

Downtown Detroit

Office Space Market Report

Number of Listings (last 90 days)
54
Median Rate ($/sqft/yr)
$29
Median Size (sqft)
5,000
As of: March 12, 2017

Downtown Detroit Rates

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

Downtown Detroit Listing Supply

In the last 90 days, 54 listings have been made available, so you'll want to check back regularly for new listings. About 2% of the listings in the Downtown Detroit are subleases, so you will probably have to consider a longer term lease. 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 5,000 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this market are approximately 5 floors. Most buildings in this region were built in 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 region. Commute by walking is the most popular way to get to work amongst Downtown Detroit folk. Commuting between 30 and 45 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 Downtown Detroit.
Market Report

Market Data

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