SMB Estates Office Space

SMB Estates

Office Space Market Report

Number of Listings (last 90 days)
3
Median Rate ($/sqft/yr)
$16
Median Size (sqft)
2,610
As of: February 21, 2017

SMB Estates Rates

Most listings are in the $10's per square foot per year. The SMB Estates submarket is experiencing a a boost in rates. In the last 3 months, the median rate went up $1 per sqft per year. That's a 10% increase in rent.

Compared to the rest of the Metro Detroit market, the SMB Estates region has smaller rates, so you should have no trouble finding a great deal in this depreciated submarket.

SMB Estates Listing Supply

In the last 90 days, 3 listings have been posted online, which means leases most likley are going fast. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

Even though the median size is 2,610 sqft, there are still 0 leases below 2,000 sqft. Most properties in this area are approximately 1 floors. Most buildings in this area were built in 1979 and are Class C.

SMB Estates 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 motorcycle is the most popular way to get to work amongst SMB Estates occupants. 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 SMB Estates.
Market Report

Market Data

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

Livonia Submarkets