New Baltimore Retail

New Baltimore

Office Space Market Report

Number of Listings (last 90 days)
8
Median Rate ($/sqft/yr)
$18
Median Size (sqft)
1,440
As of: March 11, 2017

New Baltimore Rates

On average, listings lease in the $10's per square foot per year. The New Baltimore region is going through a an increase in rates. In the last 3 months, the median rate went up $4 per sqft per year. That's a 27% rise in rent.

Compared to the rest of the Metro Detroit market, the New Baltimore region has less expensive rates, so you should have no trouble finding a great deal in this depreciated submarket.

New Baltimore Listing Supply

In the last 90 days, 8 listings have been posted online, which means new availabilities might be going fast. You'll want to be prepared to make an offer immediately. 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 1,440 sqft. Most buildings in this region are close to 1 floors. Most buildings in this area were built in 1990 and are Class B.

New Baltimore Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Waste services is the dominant industry in this market. Commute by public transit is the most popular way to get to work amongst New Baltimore occupants. Commuting under 5 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 New Baltimore.
Market Report

Market Data

Real time and historical data on commercial real estate listings in New Baltimore.
Research

New Baltimore Submarkets