Lower East Detroit Office Space

Lower East Detroit

Office Space Market Report

Number of Listings (last 90 days)
16
Median Rate ($/sqft/yr)
$19
Median Size (sqft)
2,500
As of: June 22, 2017

Lower East Detroit Rates

On average, listings lease in the $10's per square foot per year. The Lower East Detroit submarket is experiencing a a rise in rates. In the last 3 months, the median rate went up $19 per sqft per year.

Compared to the rest of the Detroit market, the Lower East Detroit submarket has less expensive rates, so you should have no trouble finding a great deal in this discounted region.

Lower East Detroit Listing Supply

In the last 90 days, 16 listings have come on the market, which means office spaces most likley are going fast. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 2,500 sqft. Most buildings in this region are around 2 floors. Most buildings in this area were built in 1941 and are Class C.

Lower East Detroit 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 market. Commute by car is the most popular way to get to work amongst Lower East Detroit folk. Commuting around 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 Lower East Detroit.
Market Report

Market Data

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