Pontiac Industrial

Pontiac

Office Space Market Report

Number of Listings (last 90 days)
29
Median Rate ($/sqft/yr)
$16
Median Size (sqft)
4,000
As of: December 10, 2016

Pontiac Rates

The typical asking rate per listing is in the $10's per square foot per year. The Pontiac submarket is seeing a decrease in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 4% decline in rent.

Compared to the rest of the Metro Detroit market, the Pontiac submarket has smaller rates, so you should have no trouble finding a great deal in this undervalued submarket.

Pontiac Listing Supply

In the last 90 days, 29 listings have been listed, which means new listings might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 3% of the available leases in the Pontiac are subleases, so you will probably have to focus your search on direct office leases. 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 4,000 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this region are close to 1 floors. Most buildings in this region were built in 1951 and are Class B.

Pontiac Community

Market Report

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

Market Data

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

Pontiac Submarkets