Franklin Office Space

Franklin

Office Space Market Report

Number of Listings (last 90 days)
51
Median Rate ($/sqft/yr)
$22
Median Size (sqft)
2,230
As of: July 27, 2017

Franklin Rates

Compared to the rest of the Metro Detroit market, the Franklin submarket has less expensive rates, so you should have no trouble finding a great deal in this depreciated submarket.

Franklin Listing Supply

In the last 90 days, 51 listings have been listed, so you'll want to check back regularly for new listings. About 55% of the available space in the Franklin 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 2,360 sqft. Most buildings in this region are around 2 stories. Most buildings in this market were built in 1977 and are Class B.

Franklin Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Wholesale trade is the dominant industry in this area. Commute by bike is the most popular way to get to work amongst Franklin occupants. Commuting close to 15 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 Franklin.
Market Report

Market Data

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

Beverly Hills Submarkets