Pontiac Retail

Pontiac

Office Space Market Report

Number of Listings (last 90 days)
52
Median Rate ($/sqft/yr)
$18
Median Size (sqft)
6,890
As of: July 26, 2017

Pontiac Rates

Most listings are in the $10's per square foot per year. The Pontiac region is going through a an increase in rates. In the last 3 months, the median rate went up $3 per sqft per year. That's a 17% increase in rent.

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

Pontiac Listing Supply

In the last 90 days, 52 listings have come on the market, so you'll want to check back regularly for new listings. About 8% of the office spaces in the Pontiac are subleases, so you will probably need to sign a longer term lease with the landlord directly. 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 6,890 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this area are around 1 floors. Most buildings in this area were built in 1957 and are Class B.

Pontiac Community

Market Report

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

Market Data

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

Pontiac Submarkets