Metro Detroit Retail

Metro Detroit

Office Space Market Report

Number of Listings (last 90 days)
1,304
Median Rate ($/sqft/yr)
$21
Median Size (sqft)
2,660
As of: January 15, 2017

Metro Detroit Rates

The typical asking rate per listing is in the $20's per square foot per year. The Metro Detroit submarket is experiencing 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 Metro Detroit region has smaller rates, so you should have no trouble finding a great deal in this undervalued region.

Metro Detroit Listing Supply

In the last 90 days, 1424 listings have been listed, so you'll want to check back regularly for new listings. About 2% of the listings in the Metro Detroit are subleases, so you will probably have to focus your search on direct office leases. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

Even though the median size is 2,760 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this market are around 1 floors. Most buildings in this region were built in 1975 and are Class B.

Metro Detroit Community

Market Report

Trends and status of the commercial real estate market in Metro Detroit.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Metro Detroit.
Research