Grosse Pointe Park Retail

Grosse Pointe Park

Office Space Market Report

Number of Listings (last 90 days)
5
Median Rate ($/sqft/yr)
$24
Median Size (sqft)
1,670
As of: August 19, 2017

Grosse Pointe Park Rates

Most listings are in the $20's per square foot per year. The Grosse Pointe Park region is seeing a decline in rates. In the last 3 months, the median rate decreased $0 per sqft per year. That's a 0% decline in rent.

Compared to the rest of the Metro Detroit market, the Grosse Pointe Park region has higher rates, and you'll need to make a great offer to be in this hot submarket.

Grosse Pointe Park Listing Supply

In the last 90 days, 5 listings have been listed, which means listings are probably going fast. You'll want to be prepared to make an offer immediately. About 80% of the office spaces in the Grosse Pointe Park 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 1,670 sqft. Most properties in this area are close to 1 stories. Most buildings in this market were built in 1924 and are Class B.

Grosse Pointe Park Community

Market Report

Trends and status of the commercial real estate market in Grosse Pointe Park.
Market Report

Market Data

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

Grosse Pointe Park Submarkets