Downtown Ann Arbor Office Space

Downtown Ann Arbor

Office Space Market Report

Number of Listings (last 90 days)
190
Median Rate ($/sqft/yr)
$46
Median Size (sqft)
10,800
As of: August 17, 2017

Downtown Ann Arbor Rates

Most listings are in the $40's per square foot per year. The Downtown Ann Arbor region is experiencing a an increase in rates. In the last 3 months, the median rate went up $8 per sqft per year. That's a 20% increase in rent.

Downtown Ann Arbor Listing Supply

In the last 90 days, 15 listings have been listed, which means listings might be leasing quickly. You'll want to be prepared to make an offer immediately. About 13% of the available space in the Downtown Ann Arbor 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.

Even though the median size is 10,800 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this area are approximately 2 stories. Most buildings in this market 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 area. Commute by public transit is the most popular way to get to work amongst Downtown Ann Arbor occupants. Commuting approximately 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