Grosse Pointe Park Industrial

We couldn't find any industrial spaces for Lease and Sublease

Grosse Pointe Park

Office Space Market Report

Number of Listings (last 90 days)
5
Median Rate ($/sqft/yr)
$24
Median Size (sqft)
1,910
As of: June 23, 2017

Grosse Pointe Park Rates

On average, listings lease in the $20's per square foot per year. The Grosse Pointe Park region is going through a a boost in rates. In the last 3 months, the median rate increased $24 per sqft per year.

Compared to the rest of the Metro Detroit market, the Grosse Pointe Park submarket has more expensive rates, and you'll have to negotiate above asking rent to be in this hot submarket.

Grosse Pointe Park Listing Supply

In the last 90 days, 5 listings have come on the market, which means leases most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. About 120% of the listings in the Grosse Pointe Park are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,910 sqft. Most buildings in this region are close to 1 floors. Most buildings in this market were built in 1924 and are Class B.

Grosse Pointe Park Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Utilities is the dominant industry in this area. Commute by public transit is the most popular way to get to work amongst Grosse Pointe Park occupants. 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 Grosse Pointe Park.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Grosse Pointe Park.
Research

Grosse Pointe Park Submarkets