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)
3,110
As of: June 27, 2017

Grosse Pointe Park Rates

On average, listings lease in the $20's per square foot per year. The Grosse Pointe Park submarket is experiencing a a rise in rates. In the last 3 months, the median rate increased $24 per sqft per year.

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

Grosse Pointe Park Listing Supply

In the last 90 days, 5 listings have been listed, which means new availabilities might be leasing quickly. You'll want to be prepared to make an offer immediately. About 120% of the available space in the Grosse Pointe Park are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 1,910 sqft. Most buildings in this region are close to 1 stories. Most buildings in this area 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