Rochester Office Space

Rochester

Office Space Market Report

Number of Listings (last 90 days)
16
Median Rate ($/sqft/yr)
$29
Median Size (sqft)
1,920
As of: February 27, 2017

Rochester Rates

On average, listings lease in the $20's per square foot per year. The Rochester region is experiencing a a rise in rates. In the last 3 months, the median rate rose $5 per sqft per year. That's a 23% increase in rent.

Compared to the rest of the Metro Detroit market, the Rochester region has more expensive rates, and you'll need to pay a premium to be in this hot region.

Rochester Listing Supply

In the last 90 days, 16 listings have come on the market, which means new listings 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 posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,920 sqft. Most buildings in this area are close to 1 floors. Most buildings in this region were built in 1986 and are Class B.

Rochester Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Public administration is the dominant industry in this market. Commute by walking is the most popular way to get to work amongst Rochester residents. Commuting under 5 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 Rochester.
Market Report

Market Data

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

Rochester Hills Submarkets