Farmington Hills Office Space

Farmington Hills

Office Space Market Report

Number of Listings (last 90 days)
Median Rate ($/sqft/yr)
Median Size (sqft)
As of: October 21, 2016

Farmington Hills Rates

The typical asking rate per listing is in the $20's per square foot per year. The Farmington Hills region is going through a decrease in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 6% decline in rent.

Compared to the rest of the Metro Detroit market, the Farmington Hills region has greater 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, 44 listings have been made available, so you'll want to check back regularly for new listings. About 2% of the listings in the Farmington Hills are subleases, so you will probably have to focus your search on direct office leases. 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 2,100 sqft. Most buildings in this region are close to 1 floors. Most buildings in this region 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.

Farmington Hills Submarkets