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: August 21, 2017

Lower East Detroit Rates

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 undervalued region.

Lower East Detroit Listing Supply

In the last 90 days, 16 listings have been listed, which means new availabilities most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 6% of the available leases in the Lower East Detroit are subleases, so you will probably need to consider the implications of signing a direct lease with the building. There aren't many listings below 2,000 square feet available, 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 market are around 2 stories. Most buildings in this market 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 area. Commute by car is the most popular way to get to work amongst Lower East Detroit 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 Lower East Detroit.
Market Report

Market Data

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