Downtown Ann Arbor Office Space

Downtown Ann Arbor

Office Space Market Report

Number of Listings (last 90 days)
15
Median Rate ($/sqft/yr)
$39
Median Size (sqft)
10,800
As of: June 23, 2017

Downtown Ann Arbor Rates

On average, listings lease in the $30's per square foot per year. The Downtown Ann Arbor region is seeing a a boost in rates. In the last 3 months, the median rate increased $39 per sqft per year.

Downtown Ann Arbor Listing Supply

In the last 90 days, 15 listings have been listed, which means listings most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About 33% of the available space in the Downtown 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 10,800 sqft, there are still 0 leases below 2,000 sqft. Most properties in this region are approximately 2 floors. Most buildings in this region were built in 1925 and are Class Class B.

Downtown Ann Arbor Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Public administration is the dominant industry in this market. Commute by public transit is the most popular way to get to work amongst Downtown Ann Arbor residents. Commuting close to 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 Downtown Ann Arbor.
Market Report

Market Data

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