Macomb Office Space

Macomb

Office Space Market Report

Number of Listings (last 90 days)
12
Median Rate ($/sqft/yr)
$24
Median Size (sqft)
3,520
As of: December 6, 2016

Macomb Rates

Most listings are in the $20's per square foot per year. The Macomb submarket is experiencing a a boost in rates. In the last 3 months, the median rate went up $2 per sqft per year. That's a 9% increase in rent.

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

Macomb Listing Supply

In the last 90 days, 12 listings have been made available, which means leases most likley are going fast. You'll want to be prepared to make an offer immediately. About 8% of the listings in the Macomb 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 on the market, so finding a space for a small business might be tough.

Even though the median size is 3,520 sqft, there are still 0 leases below 2,000 sqft. Most properties in this region are close to 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 area. Commute by walking is the most popular way to get to work amongst Macomb occupants. 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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