Central Retail

Central

Office Space Market Report

Number of Listings (last 90 days)
8
Median Rate ($/sqft/yr)
$22
Median Size (sqft)
26,210
As of: March 12, 2017

Central Rates

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

Central Listing Supply

In the last 90 days, 8 listings have been made available, which means leases most likley are going fast. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

Even though the median size is 26,210 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this area are approximately 4 floors. Most buildings in this region were built in 1929 and are Class A.

Central Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Information is the dominant industry in this market. Commute by public transit is the most popular way to get to work amongst Central residents. Commuting around 15 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 Central.
Market Report

Market Data

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