Farmington Hills Office Space

Farmington Hills

Office Space Market Report

Number of Listings (last 90 days)
118
Median Rate ($/sqft/yr)
$22
Median Size (sqft)
2,660
As of: January 22, 2017

Farmington Hills Rates

On average, listings lease in the $20's per square foot per year. The Farmington Hills region is experiencing a a rise in rates. In the last 3 months, the median rate increased $0 per sqft per year. That's a 0% increase in rent.

Compared to the rest of the Metro Detroit market, the Farmington Hills submarket has higher rates, and you'll have to negotiate above asking rent to be in this hot region.

Farmington Hills Listing Supply

In the last 90 days, 117 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 posted, so finding a space for a small business might be tough.

Even though the median size is 2,660 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this area are around 1 floors. Most buildings in this area were built in 1985 and are Class B.

Farmington Hills Community

Market Report

Trends and status of the commercial real estate market in Farmington Hills.
Market Report

Market Data

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

Farmington Hills Submarkets