Lake Orion Retail

Lake Orion

Office Space Market Report

Number of Listings (last 90 days)
Median Rate ($/sqft/yr)
Median Size (sqft)
As of: October 24, 2016

Lake Orion Rates

On average, listings lease in the $20's per square foot per year. The Lake Orion region is seeing a an increase in rates. In the last 3 months, the median rate rose $25 per sqft per year. That's a Inf% increase in rent.

Compared to the rest of the Metro Detroit market, the Lake Orion region has more expensive rates, and you'll have to negotiate above asking rent to be in this hot region.

Lake Orion Listing Supply

In the last 90 days, 12 listings have been made available, which means leases might be going fast. 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 2,350 sqft. Most buildings in this region are close to 1 stories. Most buildings in this market were built in 1987 and are Class B.

Lake Orion Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Finance and insurance are the dominant industries in this area. Commute by motorcycle is the most popular way to get to work amongst Lake Orion occupants. Commuting between 30 and 45 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 Lake Orion.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Lake Orion.

Lake Orion Submarkets