Sterling Heights Retail

Sterling Heights

Office Space Market Report

Number of Listings (last 90 days)
65
Median Rate ($/sqft/yr)
$20
Median Size (sqft)
4,650
As of: June 28, 2017

Sterling Heights Rates

Most listings are in the $10's per square foot per year. The Sterling Heights submarket is seeing a an increase in rates. In the last 3 months, the median rate went up $20 per sqft per year.

Compared to the rest of the Metro Detroit market, the Sterling Heights region has less expensive rates, so you should have no trouble finding a great deal in this discounted submarket.

Sterling Heights Listing Supply

In the last 90 days, 65 listings have come on the market, so you'll want to check back regularly for new listings. About 35% of the available leases in the Sterling Heights 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 posted, so finding a space for a small business might be tough.

Even though the median size is 4,650 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this market are around 1 stories. Most buildings in this region were built in 1988 and are Class B.

Sterling Heights Community

Market Report

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

Market Data

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

Sterling Heights Submarkets