Romulus Industrial

Romulus

Office Space Market Report

Number of Listings (last 90 days)
5
Median Rate ($/sqft/yr)
$17
Median Size (sqft)
2,390
As of: March 12, 2017

Romulus Rates

The typical asking rate per listing is in the $10's per square foot per year. The Romulus region is going through a a rise in rates. In the last 3 months, the median rate rose $3 per sqft per year. That's a 18% rise in rent.

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

Romulus Listing Supply

In the last 90 days, 5 listings have come on the market, which means new listings most likley are leasing quickly. 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 2,390 sqft. Most buildings in this area are around 1 floors. Most buildings in this market were built in 1982 and are Class C.

Romulus Community

Market Report

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

Market Data

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

Romulus Submarkets