Grand Traverse County Office Space

Grand Traverse County

Office Space Market Report

Number of Listings (last 90 days)
13
Median Rate ($/sqft/yr)
$20
Median Size (sqft)
2,290
As of: August 17, 2017

Grand Traverse County Rates

On average, listings lease in the $10's per square foot per year. The Grand Traverse County submarket is seeing a decline in rates. In the last 3 months, the median rate decreased $4 per sqft per year. That's a 17% decrease in rent.

Grand Traverse County Listing Supply

In the last 90 days, 13 listings have been listed, which means office spaces are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 8% of the office spaces in the Grand Traverse County are subleases, so you will probably need to sign a longer term lease with the landlord directly. 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 2,290 sqft. Most properties in this area are around 1 stories. Most buildings in this area were built in 1972 and are Class Class A.

Grand Traverse County Community

Market Report

Trends and status of the commercial real estate market in Grand Traverse County.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Grand Traverse County.
Research

Grand Traverse County Submarkets