Southfield Downtown Retail

We couldn't find any retail spaces for Lease and Sublease

Southfield Downtown

Office Space Market Report

Number of Listings (last 90 days)
64
Median Rate ($/sqft/yr)
$16
Median Size (sqft)
17,490
As of: June 22, 2017

Southfield Downtown Rates

Most listings are in the $10's per square foot per year. The Southfield Downtown submarket is experiencing a a rise in rates. In the last 3 months, the median rate increased $16 per sqft per year.

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

Southfield Downtown Listing Supply

In the last 90 days, 64 listings have been made available, so you'll want to check back regularly for new listings. About 14% of the office spaces in the Southfield Downtown 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 on the market, so finding a space for a small business might be tough.

Even though the median size is 17,490 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this market are around 12 floors. Most buildings in this region were built in 1969 and are Class B.

Southfield Downtown Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Utilities is the dominant industry in this area. Commute by public transit is the most popular way to get to work amongst Southfield Downtown occupants. Commuting approximately 30 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 Southfield Downtown.
Market Report

Market Data

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

Southfield Submarkets