Grosse Pointe Park Office Space

Grosse Pointe Park

Office Space Market Report

Number of Listings (last 90 days)
2
Median Rate ($/sqft/yr)
$24
Median Size (sqft)
3,110
As of: December 3, 2016

Grosse Pointe Park Rates

The typical asking rate per listing is in the $20's per square foot per year. The Grosse Pointe Park region is seeing a a rise in rates. In the last 3 months, the median rate went up $24 per sqft per year. That's a Inf% rise in rent.

Compared to the rest of the Metro Detroit market, the Grosse Pointe Park submarket has higher 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, 2 listings have been listed, which means leases most likley are leasing quickly. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

Even though the median size is 3,110 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this market are close to 1 stories. Most buildings in this area were built in 0 and are Class B.

Grosse Pointe Park Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Utilities is the dominant industry in this market. Commute by public transit is the most popular way to get to work amongst Grosse Pointe Park residents. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.

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