Commerce Township Downtown Office Space

Commerce Township Downtown

Office Space Market Report

Number of Listings (last 90 days)
0
Median Rate ($/sqft/yr)
$20
Median Size (sqft)
1,040
As of: July 22, 2017

Commerce Township Downtown Rates

The typical asking rate per listing is in the $10's per square foot per year. The Commerce Township Downtown submarket is going through a an increase in rates. In the last 3 months, the median rate increased $20 per sqft per year.

Compared to the rest of the Metro Detroit market, the Commerce Township Downtown submarket has smaller rates, so you should have no trouble finding a great deal in this discounted region.

Commerce Township Downtown Listing Supply

In the last 90 days, 0 listings have been listed, which means office spaces might be going fast. You'll want to be prepared to make an offer immediately. About Inf% of the office spaces in the Commerce Township Downtown are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 1,040 sqft. Most buildings in this region are around 1 floors. Most buildings in this area were built in 1987 and are Class B.

Commerce Township Downtown Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Education is the dominant industry in this market. Most of the occupants of Commerce Township Downtown work from home. 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 Commerce Township Downtown.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Commerce Township Downtown.
Research

Walled Lake Submarkets