Southfield Retail


Office Space Market Report

Number of Listings (last 90 days)
Median Rate ($/sqft/yr)
Median Size (sqft)
As of: October 23, 2016

Southfield Rates

Most listings are in the $20's per square foot per year. The Southfield submarket is experiencing a a boost in rates. In the last 3 months, the median rate increased $1 per sqft per year. That's a 3% increase in rent.

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

Southfield Listing Supply

In the last 90 days, 190 listings have been made available, so you'll want to check back regularly for new listings. About 5% of the listings in the Southfield are subleases, so you will probably have to consider a longer term lease. 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 2,560 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this region are close to 2 floors. Most buildings in this area were built in 1977 and are Class B.

Southfield Community

Market Report

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

Market Data

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

Southfield Submarkets