Downtown Detroit Office Space

Downtown Detroit

Office Space Market Report

Number of Listings (last 90 days)
43
Median Size (sqft)
6,500
As of: December 6, 2016

Downtown Detroit Rates

The typical asking rate per listing is in the $0's per square foot per year. The Downtown Detroit submarket is going through a decrease in rates. In the last 3 months, the median rate fell $24 per sqft per year. That's a 100% decrease in rent.

Downtown Detroit Listing Supply

In the last 90 days, 43 listings have been listed, so you'll want to check back regularly for new listings. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

Even though the median size is 6,500 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this area are approximately 5 stories. Most buildings in this area were built in 1925 and are Class B.

Downtown Detroit Community

A large portion of this market is residential, but there's plenty of office_space. Construction is the dominant industry in this region. Commute by walking is the most popular way to get to work amongst Downtown Detroit occupants. 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 Downtown Detroit.
Market Report

Market Data

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