South Ann Arbor Office Space

South Ann Arbor

Office Space Market Report

Number of Listings (last 90 days)
25
Median Rate ($/sqft/yr)
$26
Median Size (sqft)
2,250
As of: June 26, 2017

South Ann Arbor Rates

On average, listings lease in the $20's per square foot per year. The South Ann Arbor submarket is seeing a a boost in rates. In the last 3 months, the median rate rose $26 per sqft per year.

South Ann Arbor Listing Supply

In the last 90 days, 25 listings have been posted online, which means leases most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. About 68% of the office spaces in the South 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.

The standard measurement for office space in this area is around 2,250 sqft. Most buildings in this region are approximately 1 stories. Most buildings in this region were built in 1977 and are Class B.

South Ann Arbor Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Finance and insurance are the dominant industries in this region. Commute by taxi is the most popular way to get to work amongst South Ann Arbor folk. Commuting approximately 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 South Ann Arbor.
Market Report

Market Data

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