Northfield Industrial

We couldn't find any industrial spaces for Lease and Sublease

Northfield

Office Space Market Report

Number of Listings (last 90 days)
24
Median Rate ($/sqft/yr)
$21
Median Size (sqft)
3,820
As of: June 21, 2017

Northfield Rates

Most listings are in the $20's per square foot per year. The Northfield region is seeing a a boost in rates. In the last 3 months, the median rate increased $21 per sqft per year.

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

Northfield Listing Supply

In the last 90 days, 24 listings have come on the market, which means new availabilities are probably going fast. You'll want to be prepared to make an offer immediately. About 54% of the available space in the Northfield 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 posted, so finding a space for a small business might be tough.

Even though the median size is 3,820 sqft, there are still 0 leases below 2,000 sqft. Most properties in this area are around 3 floors. Most buildings in this market were built in 1989 and are Class A.

Northfield Community

Public administration is the dominant industry in this region. Most of the residents of Northfield work from home. Commuting around an hour 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 Northfield.
Market Report

Market Data

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