Sterling Heights Office Space

Sterling Heights

Office Space Market Report

Number of Listings (last 90 days)
33
Median Rate ($/sqft/yr)
$18
Median Size (sqft)
2,530
As of: December 8, 2016

Sterling Heights Rates

The typical asking rate per listing is in the $10's per square foot per year. The Sterling Heights region is going through a decrease in rates. In the last 3 months, the median rate fell $2 per sqft per year. That's a 11% decline in rent.

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

Sterling Heights Listing Supply

In the last 90 days, 33 listings have come on the market, which means leases might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

Even though the median size is 2,530 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this region are around 1 stories. Most buildings in this area were built in 1989 and are Class B.

Sterling Heights Community

Market Report

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

Market Data

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

Sterling Heights Submarkets