Westland Industrial

Westland

Office Space Market Report

Number of Listings (last 90 days)
16
Median Rate ($/sqft/yr)
$45
Median Size (sqft)
1,800
As of: August 19, 2017

Westland Rates

Most listings are in the $40's per square foot per year. The Westland submarket is experiencing a an increase in rates. In the last 3 months, the median rate rose $45 per sqft per year.

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

Westland Listing Supply

In the last 90 days, 16 listings have come on the market, which means leases most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 19% of the available leases in the Westland 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 posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,800 sqft. Most properties in this region are close to 1 stories. Most buildings in this area were built in 1975 and are Class C.

Westland Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Agriculture is the dominant industry in this region. Most of the residents of Westland work from home. Commuting between 20 and 25 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 Westland.
Market Report

Market Data

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

Westland Submarkets