Utica Retail

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Utica

Office Space Market Report

Number of Listings (last 90 days)
6
Median Rate ($/sqft/yr)
$22
Median Size (sqft)
1,330
As of: December 7, 2016

Utica Rates

On average, listings lease in the $20's per square foot per year. The Utica region is experiencing a decline in rates. In the last 3 months, the median rate fell $0 per sqft per year. That's a 1% decrease in rent.

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

Utica Listing Supply

In the last 90 days, 6 listings have come on the market, which means new availabilities most likley are going fast. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,330 sqft. Most buildings in this region are around 1 floors. Most buildings in this market were built in 1976 and are Class B.

Utica Community

Market Report

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

Market Data

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

Utica Submarkets