Walled Lake Office Space

Walled Lake

Office Space Market Report

Number of Listings (last 90 days)
Median Rate ($/sqft/yr)
Median Size (sqft)
As of: October 27, 2016

Walled Lake Rates

The typical asking rate per listing is in the $10's per square foot per year. The Walled Lake region is experiencing a decrease in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 6% decline in rent.

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

Walled Lake Listing Supply

In the last 90 days, 3 listings have been listed, which means listings 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 9,000 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this area are close to 1 floors. Most buildings in this area were built in 1970 and are Class B.

Walled Lake Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Finance and insurance are the dominant industries in this region. Commute by walking is the most popular way to get to work amongst Walled Lake folk. Commuting approximately 30 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 Walled Lake.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Walled Lake.

Walled Lake Submarkets