Downtown Ferndale Retail

Downtown Ferndale

Office Space Market Report

Number of Listings (last 90 days)
4
Median Rate ($/sqft/yr)
$24
Median Size (sqft)
1,900
As of: February 20, 2017

Downtown Ferndale Rates

Compared to the rest of the Metro Detroit market, the Downtown Ferndale region has more expensive rates, and you'll need to pay a premium to be in this hot region.

Downtown Ferndale Listing Supply

In the last 90 days, 4 listings have come on the market, which means office spaces most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,900 sqft. Most buildings in this market are close to 1 floors. Most buildings in this market were built in 1953 and are Class C.

Downtown Ferndale Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Health care is the dominant industry in this area. Commute by bike is the most popular way to get to work amongst Downtown Ferndale residents. Commuting under 5 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 Downtown Ferndale.
Market Report

Market Data

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

Ferndale Submarkets