Pontiac Office Space

Pontiac

Office Space Market Report

Number of Listings (last 90 days)
32
Median Rate ($/sqft/yr)
$16
Median Size (sqft)
3,000
As of: December 7, 2016

Pontiac Rates

On average, listings lease in the $10's per square foot per year. The Pontiac submarket is going through a decrease in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 4% decline in rent.

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

Pontiac Listing Supply

In the last 90 days, 32 listings have come on the market, which means leases most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. About 3% of the listings in the Pontiac are subleases, so you will probably have to consider a longer term 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 3,000 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this market are approximately 1 stories. Most buildings in this market were built in 1951 and are Class B.

Pontiac Community

Market Report

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

Market Data

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

Pontiac Submarkets