Northville Retail

Northville

Office Space Market Report

Number of Listings (last 90 days)
0
Median Rate ($/sqft/yr)
$28
Median Size (sqft)
1,220
As of: July 26, 2017

Northville Rates

The typical asking rate per listing is in the $20's per square foot per year. The Northville region is going through a a boost in rates. In the last 3 months, the median rate increased $28 per sqft per year.

Compared to the rest of the Metro Detroit market, the Northville submarket has higher rates, and you'll need to pay a premium to be in this hot submarket.

Northville Listing Supply

In the last 90 days, 0 listings have come on the market, which means new availabilities are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About Inf% of the office spaces in the Northville 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 available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,220 sqft. Most buildings in this area are close to 2 stories. Most buildings in this market were built in 1950 and are Class Class B.

Northville Community

Market Report

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

Market Data

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