Hamtramck Office Space

Hamtramck

Office Space Market Report

Number of Listings (last 90 days)
1
Median Rate ($/sqft/yr)
$15
Median Size (sqft)
3,080
As of: July 23, 2017

Hamtramck Rates

Most listings are in the $10's per square foot per year. The Hamtramck region is experiencing a a rise in rates. In the last 3 months, the median rate increased $15 per sqft per year.

Compared to the rest of the Metro Detroit market, the Hamtramck region has less expensive rates, so you should have no trouble finding a great deal in this undervalued submarket.

Hamtramck Listing Supply

In the last 90 days, 1 listings have come on the market, which means office spaces might be going fast. You'll want to be prepared to make an offer immediately. About 300% of the available leases in the Hamtramck 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 posted, so finding a space for a small business might be tough.

Even though the median size is 3,080 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this region are around 1 floors. Most buildings in this region were built in 1940 and are Class Class B.

Hamtramck Community

Market Report

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

Market Data

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

Hamtramck Submarkets