New Center Industrial

New Center

Office Space Market Report

Number of Listings (last 90 days)
18
Median Rate ($/sqft/yr)
$22
Median Size (sqft)
2,670
As of: January 23, 2017

New Center Rates

Compared to the rest of the Detroit market, the New Center submarket has less expensive rates, so you should have no trouble finding a great deal in this depreciated submarket.

New Center Listing Supply

In the last 90 days, 18 listings have been made available, which means new listings might be 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 2,670 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this area are approximately 4 stories. Most buildings in this region were built in 1959 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 region. Commute by bike is the most popular way to get to work amongst New Center residents. Commuting close to 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