Macomb Industrial

Macomb

Office Space Market Report

Number of Listings (last 90 days)
7
Median Rate ($/sqft/yr)
$18
Median Size (sqft)
3,750
As of: December 4, 2016

Macomb Rates

On average, listings lease in the $10's per square foot per year. The Macomb submarket is experiencing a decline in rates. In the last 3 months, the median rate fell $5 per sqft per year. That's a 20% decrease in rent.

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

Macomb Listing Supply

In the last 90 days, 7 listings have been made available, which means leases might be leasing quickly. You'll want to be prepared to make an offer immediately. About 14% of the available space in the Macomb are subleases, so you might be able to find a shorter term or below market rent. 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 3,750 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this area are around 1 floors. Most buildings in this market were built in 2003 and are Class B.

Macomb Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Manufacturing is the dominant industry in this area. Commute by walking is the most popular way to get to work amongst Macomb occupants. Commuting more than an hour and a half 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 Macomb.
Market Report

Market Data

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

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