Ferndale Office Space

Ferndale

Office Space Market Report

Number of Listings (last 90 days)
7
Median Rate ($/sqft/yr)
$24
Median Size (sqft)
1,350
As of: August 19, 2017

Ferndale Rates

Compared to the rest of the Metro Detroit market, the Ferndale submarket has greater rates, and you'll need to pay a premium to be in this hot region.

Ferndale Listing Supply

In the last 90 days, 7 listings have been made available, which means office spaces are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 14% of the office spaces in the Ferndale are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 1,350 sqft. Most properties in this region are approximately 1 floors. Most buildings in this area were built in 1953 and are Class Class B.

Ferndale Community

Market Report

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

Market Data

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

Ferndale Submarkets