Rochester Hills Retail

Rochester Hills

Office Space Market Report

Number of Listings (last 90 days)
123
Median Rate ($/sqft/yr)
$22
Median Size (sqft)
3,220
As of: August 17, 2017

Rochester Hills Rates

The typical asking rate per listing is in the $20's per square foot per year. The Rochester Hills region is seeing a a rise in rates. In the last 3 months, the median rate increased $2 per sqft per year. That's a 9% increase in rent.

Compared to the rest of the Metro Detroit market, the Rochester Hills submarket has higher rates, and you'll need to make a great offer to be in this hot region.

Rochester Hills Listing Supply

In the last 90 days, 10 listings have been made available, which means new listings might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 20% of the office spaces in the Rochester Hills are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

Even though the median size is 3,220 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this region are around 1 floors. Most buildings in this area were built in 1988 and are Class Class B.

Rochester Hills Community

Market Report

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

Market Data

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