Metro Detroit Retail

Metro Detroit

Office Space Market Report

Number of Listings (last 90 days)
1,889
Median Rate ($/sqft/yr)
$22
Median Size (sqft)
2,700
As of: June 24, 2017

Metro Detroit Rates

On average, listings lease in the $20's per square foot per year. The Metro Detroit region is experiencing a a boost in rates. In the last 3 months, the median rate went up $22 per sqft per year.

Compared to the rest of the Metro Detroit market, the Metro Detroit submarket has smaller rates, so you should have no trouble finding a great deal in this discounted submarket.

Metro Detroit Listing Supply

In the last 90 days, 1889 listings have been made available, so you'll want to check back regularly for new listings. About 43% of the available space in the Metro Detroit are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

Even though the median size is 2,700 sqft, there are still 0 listings below 2,000 sqft. Most properties in this region are approximately 1 floors. Most buildings in this market 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