Madison Heights Office Space

Madison Heights

Office Space Market Report

Number of Listings (last 90 days)
18
Median Rate ($/sqft/yr)
$14
Median Size (sqft)
2,000
As of: May 22, 2017

Madison Heights Rates

Most listings are in the $10's per square foot per year. The Madison Heights region is going through a decline in rates. In the last 3 months, the median rate fell $2 per sqft per year. That's a 10% decline in rent.

Compared to the rest of the Metro Detroit market, the Madison Heights submarket has smaller rates, so you should have no trouble finding a great deal in this undervalued submarket.

Madison Heights Listing Supply

In the last 90 days, 18 listings have come on the market, which means spaces might be going fast. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 2,000 sqft. Most properties in this area are around 1 floors. Most buildings in this area were built in 1969 and are Class B.

Madison Heights Community

Market Report

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

Market Data

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