Woodworth Retail

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Woodworth

Office Space Market Report

Number of Listings (last 90 days)
1
Median Rate ($/sqft/yr)
$20
Median Size (sqft)
3,300
As of: February 23, 2017

Woodworth Rates

On average, listings lease in the $10's per square foot per year. The Woodworth submarket is seeing a an increase in rates. In the last 3 months, the median rate increased $20 per sqft per year.

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

Woodworth Listing Supply

In the last 90 days, 1 listings have been made available, which means listings might be going fast. You'll want to be prepared to make an offer immediately. 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 3,300 sqft, there are still 0 leases below 2,000 sqft. Most properties in this market are approximately 1 floors. Most buildings in this area were built in 1956 and are Class C.

Woodworth Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Arts, entertainment, and restaurants are the dominant industries in this region. Commute by car is the most popular way to get to work amongst Woodworth residents. Commuting close to an hour and a half 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 Woodworth.
Market Report

Market Data

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