Northville Office Space

Northville

Office Space Market Report

Number of Listings (last 90 days)
26
Median Rate ($/sqft/yr)
$28
Median Size (sqft)
1,810
As of: June 26, 2017

Northville Rates

The typical asking rate per listing is in the $20's per square foot per year. The Northville submarket is seeing a an increase in rates. In the last 3 months, the median rate rose $28 per sqft per year.

Compared to the rest of the Metro Detroit market, the Northville region has greater rates, and you'll need to make a great offer to be in this hot submarket.

Northville Listing Supply

In the last 90 days, 26 listings have been made available, which means listings are probably going fast. You'll want to be prepared to make an offer immediately. About 27% of the listings in the Northville are subleases, so you might be able to snag a great spot on a short term. 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 1,810 sqft. Most buildings in this area are around 2 stories. Most buildings in this area were built in 1980 and are Class A.

Northville Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Company management is the dominant industry in this market. Most of the occupants of Northville work from home. Commuting close to an hour and a half 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 Northville.
Market Report

Market Data

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

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