New Center Industrial

New Center

Office Space Market Report

Number of Listings (last 90 days)
1
Median Rate ($/sqft/yr)
$22
Median Size (sqft)
4,120
As of: March 11, 2017

New Center Rates

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

New Center Listing Supply

In the last 90 days, 1 listings have been posted online, which means listings most likley are leasing quickly. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

Even though the median size is 4,120 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this area are around 4 floors. Most buildings in this market were built in 1935 and are Class A.

New Center Community

A large portion of this area is residential, but there's plenty of office_space. Education is the dominant industry in this market. Commute by bike is the most popular way to get to work amongst New Center folk. Commuting around an hour and a half 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 New Center.
Market Report

Market Data

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