Rivertown - Warehouse District Industrial

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Rivertown - Warehouse District

Office Space Market Report

Number of Listings (last 90 days)
Median Rate ($/sqft/yr)
Median Size (sqft)
As of: October 25, 2016

Rivertown - Warehouse District Rates

Most listings are in the $10's per square foot per year. The Rivertown - Warehouse District submarket is seeing a an increase in rates. In the last 3 months, the median rate went up $20 per sqft per year. That's a Inf% rise in rent.

Compared to the rest of the Detroit market, the Rivertown - Warehouse District submarket has less expensive rates, so you should have no trouble finding a great deal in this discounted submarket.

Rivertown - Warehouse District Listing Supply

In the last 90 days, 28 listings have come on the market, which means new listings most likley are going fast. 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 3,970 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 1917 and are Class Class B.

Rivertown - Warehouse District Community

A large portion of this market is residential, but there's plenty of office_space. Manufacturing is the dominant industry in this area. Commute by car is the most popular way to get to work amongst Rivertown - Warehouse District 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 Rivertown - Warehouse District.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Rivertown - Warehouse District.