Macomb Office Space

Macomb

Office Space Market Report

Number of Listings (last 90 days)
11
Median Rate ($/sqft/yr)
$17
Median Size (sqft)
1,500
As of: July 27, 2017

Macomb Rates

Most listings are in the $10's per square foot per year. The Macomb submarket is experiencing a decline in rates. In the last 3 months, the median rate decreased $7 per sqft per year. That's a 28% decline in rent.

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

Macomb Listing Supply

In the last 90 days, 11 listings have been listed, which means new availabilities might be leasing quickly. You'll want to be prepared to make an offer immediately. About 36% of the available space in the Macomb are subleases, so you might be able to find a shorter term or below market rent. 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 1,500 sqft. Most buildings in this market are around 1 floors. Most buildings in this market were built in 2003 and are Class A.

Macomb Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Manufacturing is the dominant industry in this region. Commute by walking is the most popular way to get to work amongst Macomb residents. Commuting more than an hour and a half 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 Macomb.
Market Report

Market Data

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

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