Metro Detroit Industrial

Metro Detroit

Office Space Market Report

Number of Listings (last 90 days)
1,889
Median Rate ($/sqft/yr)
$22
Median Size (sqft)
2,700
As of: June 23, 2017

Metro Detroit Rates

Most listings are in the $20's per square foot per year. The Metro Detroit region is going through a an increase in rates. In the last 3 months, the median rate went up $22 per sqft per year.

Compared to the rest of the Metro Detroit market, the Metro Detroit region has lower rates, so you should have no trouble finding a great deal in this depreciated region.

Metro Detroit Listing Supply

In the last 90 days, 1889 listings have been posted online, so you'll want to check back regularly for new listings. About 44% of the available leases in the Metro Detroit are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

Even though the median size is 2,640 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this area are close to 1 floors. Most buildings in this region were built in 1976 and are Class B.

Metro Detroit Community

Market Report

Trends and status of the commercial real estate market in Metro Detroit.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Metro Detroit.
Research