Rochester Industrial

Rochester

Office Space Market Report

Number of Listings (last 90 days)
14
Median Rate ($/sqft/yr)
$26
Median Size (sqft)
1,920
As of: January 21, 2017

Rochester Rates

Most listings are in the $20's per square foot per year. The Rochester region is going through a an increase in rates. In the last 3 months, the median rate went up $5 per sqft per year. That's a 26% rise in rent.

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

Rochester Listing Supply

In the last 90 days, 14 listings have been listed, which means new listings might be 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 available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,920 sqft. Most buildings in this region are approximately 1 floors. Most buildings in this area were built in 1986 and are Class B.

Rochester Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Public administration is the dominant industry in this market. Commute by walking is the most popular way to get to work amongst Rochester folk. Commuting under 5 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 Rochester.
Market Report

Market Data

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

Rochester Hills Submarkets