Downtown Lathrup Village Industrial

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Downtown Lathrup Village

Office Space Market Report

Number of Listings (last 90 days)
4
Median Rate ($/sqft/yr)
$17
Median Size (sqft)
2,340
As of: May 20, 2017

Downtown Lathrup Village Rates

Most listings are in the $10's per square foot per year. The Downtown Lathrup Village region is going through a decrease in rates. In the last 3 months, the median rate decreased $6 per sqft per year. That's a 26% decline in rent.

Compared to the rest of the Metro Detroit market, the Downtown Lathrup Village region has less expensive rates, so you should have no trouble finding a great deal in this discounted region.

Downtown Lathrup Village Listing Supply

In the last 90 days, 4 listings have been made available, which means new availabilities are probably 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 posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 2,340 sqft. Most buildings in this region are close to 1 floors. Most buildings in this market were built in 1961 and are Class B.

Downtown Lathrup Village Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Waste services is the dominant industry in this area. Commute by public transit is the most popular way to get to work amongst Downtown Lathrup Village residents. Commuting approximately 10 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 Lathrup Village.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Downtown Lathrup Village.
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Lathrup Village Submarkets