Plymouth Office Space

Plymouth

Office Space Market Report

Number of Listings (last 90 days)
9
Median Rate ($/sqft/yr)
$16
Median Size (sqft)
38,000
As of: August 20, 2017

Plymouth Rates

The typical asking rate per listing is in the $10's per square foot per year. The Plymouth region is seeing a a rise in rates. In the last 3 months, the median rate increased $16 per sqft per year.

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

Plymouth Listing Supply

In the last 90 days, 9 listings have been posted online, which means office spaces most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. About 11% of the listings in the Plymouth 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 available, so finding a space for a small business might be tough.

Even though the median size is 38,000 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this market are approximately 1 floors. Most buildings in this market were built in 1988 and are Class B.

Plymouth 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 area. Commute by bike is the most popular way to get to work amongst Plymouth 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 Plymouth.
Market Report

Market Data

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

Plymouth Submarkets