Northwest Warren Office Space

Northwest Warren

Office Space Market Report

Number of Listings (last 90 days)
3
Median Rate ($/sqft/yr)
$28
Median Size (sqft)
2,700
As of: March 12, 2017

Northwest Warren Rates

Most listings are in the $20's per square foot per year. The Northwest Warren submarket is experiencing a an increase in rates. In the last 3 months, the median rate increased $7 per sqft per year. That's a 35% increase in rent.

Compared to the rest of the Metro Detroit market, the Northwest Warren region has more expensive rates, and you'll need to pay a premium to be in this hot submarket.

Northwest Warren Listing Supply

In the last 90 days, 3 listings have been posted online, which means new listings are probably going fast. You'll want to be prepared to tour spaces as quick as possible. 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 2,700 sqft, there are still 0 leases below 2,000 sqft. Most properties in this market are approximately 1 stories. Most buildings in this region were built in 1987 and are Class A.

Northwest Warren 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 area. Commute by public transit is the most popular way to get to work amongst Northwest Warren residents. Commuting around 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 Northwest Warren.
Market Report

Market Data

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