Rochester Office Space

Rochester

Office Space Market Report

Number of Listings (last 90 days)
15
Median Rate ($/sqft/yr)
$29
Median Size (sqft)
2,690
As of: May 22, 2017

Rochester Rates

Compared to the rest of the Metro Detroit market, the Rochester submarket has more expensive rates, and you'll have to negotiate above asking rent to be in this hot region.

Rochester Listing Supply

In the last 90 days, 15 listings have come on the market, which means spaces are probably going fast. You'll want to be prepared to make an offer immediately. About 7% of the listings in the Rochester are subleases, so you will probably have to focus your search on direct office leases. 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 2,690 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this market are around 1 floors. Most buildings in this market 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 folk. 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