Canton Office Space

Canton

Office Space Market Report

Number of Listings (last 90 days)
10
Median Rate ($/sqft/yr)
$14
Median Size (sqft)
3,500
As of: December 3, 2016

Canton Rates

On average, listings lease in the $10's per square foot per year. The Canton region is experiencing a decrease in rates. In the last 3 months, the median rate fell $7 per sqft per year. That's a 32% decline in rent.

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

Canton 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 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 3,500 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this area are around 1 stories. Most buildings in this market were built in 1986 and are Class B.

Canton Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Construction is the dominant industry in this region. Commute by bike is the most popular way to get to work amongst Canton folk. Commuting between 30 and 45 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 Canton.
Market Report

Market Data

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

Wayne Submarkets