Allen Park Retail

Allen Park

Office Space Market Report

Number of Listings (last 90 days)
8
Median Rate ($/sqft/yr)
$16
Median Size (sqft)
6,100
As of: June 24, 2017

Allen Park Rates

On average, listings lease in the $10's per square foot per year. The Allen Park submarket is experiencing a an increase in rates. In the last 3 months, the median rate increased $16 per sqft per year.

Compared to the rest of the Metro Detroit market, the Allen Park submarket has lower rates, so you should have no trouble finding a great deal in this depreciated region.

Allen Park Listing Supply

In the last 90 days, 8 listings have been posted online, which means spaces most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. About 13% of the available leases in the Allen Park 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.

Even though the median size is 6,100 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this market are around 1 floors. Most buildings in this market were built in 1967 and are Class C.

Allen Park Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Utilities is the dominant industry in this region. Commute by walking is the most popular way to get to work amongst Allen Park residents. Commuting around an hour 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 Allen Park.
Market Report

Market Data

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

Allen Park Submarkets