Grosse Pointe Park Office Space

Grosse Pointe Park

Office Space Market Report

Number of Listings (last 90 days)
12
Median Rate ($/sqft/yr)
$19
Median Size (sqft)
1,670
As of: August 22, 2017

Grosse Pointe Park Rates

The typical asking rate per listing is in the $20's per square foot per year. The Grosse Pointe Park submarket is experiencing a decline in rates. In the last 3 months, the median rate decreased $0 per sqft per year. That's a 0% decrease in rent.

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

Grosse Pointe Park Listing Supply

In the last 90 days, 5 listings have been listed, which means new listings are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 60% of the listings in the Grosse Pointe Park are subleases, so you might be able to find a shorter term or below market rent. 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 1,670 sqft. Most buildings in this market are around 1 floors. Most buildings in this market were built in 1924 and are Class B.

Grosse Pointe Park Community

Market Report

Trends and status of the commercial real estate market in Grosse Pointe Park.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Grosse Pointe Park.
Research

Grosse Pointe Park Submarkets