Macomb Retail

Macomb

Office Space Market Report

Number of Listings (last 90 days)
13
Median Rate ($/sqft/yr)
$24
Median Size (sqft)
3,750
As of: January 19, 2017

Macomb Rates

Most listings are in the $20's per square foot per year. The Macomb region is seeing a a boost in rates. In the last 3 months, the median rate increased $7 per sqft per year. That's a 37% increase in rent.

Compared to the rest of the Metro Detroit market, the Macomb region has higher rates, and you'll have to negotiate above asking rent to be in this hot submarket.

Macomb Listing Supply

In the last 90 days, 14 listings have come on the market, which means spaces might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 7% of the available space in the Macomb are subleases, so you will probably need to consider the implications of signing a direct lease with the building. 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 3,750 sqft, there are still 0 listings below 2,000 sqft. Most properties in this market are close to 1 stories. Most buildings in this region were built in 2003 and are Class A.

Macomb Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Manufacturing is the dominant industry in this market. Commute by walking is the most popular way to get to work amongst Macomb folk. Commuting more than an hour and a half 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 Macomb.
Market Report

Market Data

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

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