New Center Retail

New Center

Office Space Market Report

Number of Listings (last 90 days)
1
Median Rate ($/sqft/yr)
$22
Median Size (sqft)
960
As of: August 20, 2017

New Center Rates

Compared to the rest of the Detroit market, the New Center submarket has less expensive rates, so you should have no trouble finding a great deal in this discounted region.

New Center Listing Supply

In the last 90 days, 1 listings have been made available, which means listings most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. About 600% of the listings in the New Center are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 960 sqft. Most properties in this market are around 4 stories. Most buildings in this area were built in 1935 and are Class A.

New Center Community

A large portion of this area is residential, but there's plenty of office_space. Education is the dominant industry in this area. Commute by bike is the most popular way to get to work amongst New Center folk. 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 New Center.
Market Report

Market Data

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