Westland Office Space

Westland

Office Space Market Report

Number of Listings (last 90 days)
9
Median Rate ($/sqft/yr)
$21
Median Size (sqft)
2,800
As of: December 4, 2016

Westland Rates

On average, listings lease in the $20's per square foot per year. The Westland region is experiencing a an increase in rates. In the last 3 months, the median rate went up $5 per sqft per year. That's a 33% rise in rent.

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

Westland Listing Supply

In the last 90 days, 9 listings have been listed, which means office spaces 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 2,800 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this area are around 1 stories. Most buildings in this area were built in 1972 and are Class Class B.

Westland Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Agriculture is the dominant industry in this market. Most of the folk of Westland work from home. Commuting between 20 and 25 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 Westland.
Market Report

Market Data

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

Westland Submarkets