Rochester Hills Industrial

Rochester Hills

Office Space Market Report

Number of Listings (last 90 days)
10
Median Rate ($/sqft/yr)
$22
Median Size (sqft)
3,220
As of: August 18, 2017

Rochester Hills Rates

The typical asking rate per listing is in the $20's per square foot per year. The Rochester Hills region is going through a a boost in rates. In the last 3 months, the median rate went up $2 per sqft per year. That's a 9% increase in rent.

Compared to the rest of the Metro Detroit market, the Rochester Hills region has higher rates, and you'll need to pay a premium to be in this hot region.

Rochester Hills Listing Supply

In the last 90 days, 10 listings have been posted online, which means new listings are probably going fast. You'll want to be prepared to make an offer immediately. About 30% of the available space in the Rochester Hills 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 on the market, so finding a space for a small business might be tough.

Even though the median size is 3,220 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this region are around 1 stories. Most buildings in this region were built in 1988 and are Class Class B.

Rochester Hills Community

Market Report

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

Market Data

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

Rochester Hills Submarkets