Central Ann Arbor Office Space

Central Ann Arbor

Office Space Market Report

Number of Listings (last 90 days)
17
Median Rate ($/sqft/yr)
$29
Median Size (sqft)
4,240
As of: June 28, 2017

Central Ann Arbor Rates

On average, listings lease in the $20's per square foot per year. The Central Ann Arbor region is going through a an increase in rates. In the last 3 months, the median rate rose $29 per sqft per year.

Central Ann Arbor Listing Supply

In the last 90 days, 17 listings have been made available, which means leases are probably going fast. You'll want to be prepared to make an offer immediately. About 35% of the available space in the Central Ann Arbor are subleases, so you might be able to snag a great spot on a short term. 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 4,240 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this market are close to 2 stories. Most buildings in this area were built in 1925 and are Class Class B.

Central Ann Arbor 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 public transit is the most popular way to get to work amongst Central Ann Arbor residents. Commuting between 30 and 45 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 Central Ann Arbor.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Central Ann Arbor.
Research